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Basic and Diluted (Loss) Income per Common Share
6 Months Ended
Jun. 30, 2019
Basic and Diluted (Loss) Income per Common Share [Abstract]  
Basic and Diluted (Loss) Income per Common Share
3.
Basic and Diluted (Loss) Income per Common Share

Basic (loss) income per share is computed by dividing net (loss) income by weighted average number of outstanding shares of common stock outstanding for the period. Diluted net (loss) income per share adjusts the weighted average shares outstanding for the potential dilution that could occur if outstanding vested stock options were exercised and restricted stock units ("RSU") were vested, unless the impact of potential dilutive common shares outstanding are anti-dilutive. Since we experienced a net loss for the three months ended June 30, 2019, six months ended June 30, 2019 and 2018, basic and diluted net loss per share are the same. The diluted loss per share for the three months ended June 30, 2019, and six months ended June 30, 2019 and 2018 excludes the impact of potentially dilutive securities since they would have an anti-dilutive effect. The diluted income per share for three months ended June 30, 2018 includes the impact of potentially dilutive securities.
The number of common shares and common share equivalents used in the determination of basic and diluted loss per share were as follows:

(in thousands, except for share amounts)
 
Three months ended
  
Six months ended
 
  
June 30,
  
June 30,
 
  
2019
  
2018
  
2019
  
2018
 
Numerator:
            
Net (loss) income
 
$
(125
)
 
$
981
  
$
(4,361
)
 
$
(515
)
                 
Denominator:
                
Weighted-average shares outstanding for basic loss per share
  
20,006,492
   
19,651,441
   
19,979,018
   
19,580,046
 
                 
Effect of dilutive securities:
                
Stock options and restricted stock units
  
-
   
377,682
   
-
   
-
 
Adjusted weighted-average shares outstanding and assumed conversions for diluted loss per share
  
20,006,492
   
20,029,123
   
19,979,018
   
19,580,046
 
                 
Shares related to dilutive securities excluded because inclusion would be anti-dilutive
  
263,241
   
374,833
   
175,848
   
714,821