Computation of Net Loss Per Share of Common Stock

3 Months Ended

Mar. 31, 2021

Earnings Per Share [Abstract]

Computation of Net Loss Per Share of Common Stock

Computation of Net Loss Per Share of Common Stock

The following table identifies the components of net loss per basic and diluted share (in thousands, except for per share data):

	Three Months Ended  March 31,
	2021		2020
Net loss per share – basic
Net loss	$	(4,450)	$	(2,672)
Weighted average shares outstanding	16,443		13,552
Net loss per share – basic	$	(0.27)	$	(0.20)
Net loss per share – diluted
Loss attributable to common shareholders:
Net loss	$	(4,450)	$	(2,672)
Numerator effect of dilutive securities
Warrants	(357)		(166)
Loss attributable to common shareholders	$	(4,807)	$	(2,838)
Weighted average shares outstanding – diluted:
Weighted average shares outstanding – basic	16,443		13,552
Denominator effect of dilutive securities
Warrants	236		37
Diluted potential common shares	236		37
Weighted average shares outstanding – diluted	16,679		13,589
Net loss per share – diluted	$	(0.29)	$	(0.21)

Stock options, warrants and restricted stock units to acquire common shares that were excluded from the computation of diluted weighted-average common shares as their effect is anti-dilutive were as follows (in thousands):

	Three Months Ended  March 31,
	2021	2020
Stock options	1,224	1,056
Warrants	—	414
Restricted stock units	534	125
Total anti-dilutive	1,758	1,595