Note 3 - Basic and Diluted Loss per Common Share

Basic loss per share is computed by dividing net loss by the weighted average number of outstanding shares of common stock for the period. Diluted net loss 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 such potential dilutive common shares outstanding would be anti-dilutive. Since we experienced a net loss in each period presented, basic and diluted net loss per common share were the same.

The number of common shares and common share equivalents used in the determination of basic and diluted loss per common share were as follows:

(in thousands, except for share amounts)	Three months ended						Nine months ended
	September 30, 2020			September 30, 2019			September 30, 2020			September 30, 2019
Numerator:
Net loss	$	(661	)	$	(1,223	)	$	(9,068	)	$	(5,736	)

Denominator:
Weighted-average shares outstanding for basic loss per share		20,563,452			20,007,469			20,438,571			20,021,829

Effect of dilutive securities:
Stock options and restricted stock units		-			-			-			-
Adjusted weighted-average shares outstanding and assumed conversions for diluted loss per share		20,563,452			20,007,469			20,438,571			20,021,829

Shares related to dilutive securities excluded from calculation because inclusion would be anti-dilutive		66,261			578,676			12,172			397,131