Basic and Diluted Loss per Share

3 Months Ended

Mar. 31, 2021

Basic and Diluted Loss per Share [Abstract]

Basic and Diluted Loss per Share

Note 3 - Basic and Diluted Loss per Share

Basic earnings per share is based on the weighted average number of outstanding common shares for the period. Diluted earnings per share adjusts the weighted average shares outstanding for the potential dilution that could occur if outstanding vested stock options were exercised. Basic and diluted earnings per share are based on the weighted average number of outstanding shares for the period.

The weighted average 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
	March 31,
	2021			2020
Numerator:
Net (loss) income attributed to common stockholders	$	(2,205	)	$	(6,258	)
Denominator:
Weighted-average shares outstanding for basic earnings per share		20,628,669			20,342,933
Effect of dilutive securities:
Employee stock options and warrants		-			-
Adjusted weighted-average shares outstanding and assumed conversions for diluted earnings per share		20,628,669			20,342,933
Shares related to dilutive securities excluded because inclusion would be anti-dilutive		43,937			59,421