NET EARNINGS (LOSS) PER SHARE (Tables)

9 Months Ended

Sep. 30, 2020

NET EARNINGS (LOSS) PER SHARE

Schedule of reconciliation of the numerators and denominators of basic and diluted EPS

A reconciliation of the numerators and denominators of basic and diluted EPS consisted of the following (in thousands except per share data):

	Three months Ended				Nine months Ended
	September 30,				September 30,
	2020		2019		2020		2019
Earnings (loss) per share – basic
Numerator: net income (loss)	$	(678)	$	200	$	(965)	$	(3,929)
Denominator (weighted):
Common shares		21,650		21,300		21,650		21,300
RSUs – vested		686		293		654		243
Common stock purchase warrants		10,000		10,000		10,000		3,480
Basic weighted average shares outstanding		32,336		31,593		32,304		25,023
Earnings (loss) per share – basic	$	(0.02)	$	0.00	$	(0.03)	$	(0.16)
Earnings (loss) per share – diluted
Numerator: net income (loss)	$	(678)	$	200	$	(965)	$	(3,929)
Denominator (weighted):
Common shares		21,650		21,300		21,650		21,300
RSUs		686		293		654		243
Stock options		—		—		—		3,480
Common stock purchase warrants		10,000		10,000		10,000		—
Diluted weighted average shares outstanding		32,336		31,593		32,304		25,023
Earnings (loss) per share – diluted	$	(0.02)	$	0.00	$	(0.03)	$	(0.16)
Excluded securities (non-weighted):
Common shares issuable:
RSUs		121		542		121		542
Stock options		1,344		1,378		1,344		1,378
Common stock purchase warrants		1,842		1,842		1,842		1,842
Convertible loan		37,500		37,500		37,500		37,500
Total excluded potentially dilutive shares		40,807		41,262		40,807		41,262