XML 46 R19.htm IDEA: XBRL DOCUMENT v3.20.1
Loss per Share
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Loss per Share

Note 12. Loss per Share

The following table presents the calculation of basic and diluted loss per share for the first quarters of 2020 and 2019:

 

 

Three Months Ended March 31,

 

 

2020

 

 

2019

 

 

(in thousands, except per share data)

 

Net loss

$

(1,956

)

 

$

(1,908

)

Weighted-average common shares—outstanding, basic

 

21,566

 

 

 

18,228

 

Weighted-average common shares—outstanding, diluted

 

21,566

 

 

 

18,228

 

Net loss per common share, basic

$

(0.09

)

 

$

(0.10

)

Net loss per common share, diluted

$

(0.09

)

 

$

(0.10

)

 

The following securities have been excluded from the calculation of diluted loss per share because their effect would have been anti-dilutive:

 

 

Three Months Ended March 31,

 

 

2020

 

 

2019

 

 

(in thousands)

 

Options

 

307

 

 

 

400

 

RSUs

 

1,367

 

 

 

1,068

 

 

The anti-dilutive shares described above were calculated using the treasury stock method. During the first quarters of 2020 and 2019, the Company had outstanding stock options and RSUs that were excluded from the weighted-average share calculation due to the Company’s net loss position.