Quarterly report pursuant to Section 13 or 15(d)

Note 10 - Loss Per Share

v3.20.1
Note 10 - Loss Per Share
 3 Months Ended
Mar. 31, 2020
Notes to Financial Statements  
Earnings Per Share [Text Block]
10
.
Loss
Per Share
 
Basic loss per share is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per share assumes the issuance of potentially dilutive shares of common stock during the period. The following table reconciles the numerators and denominators of the basic and diluted loss per share computations:
 
   
Three Months Ended
  
   
March 31
  
Numerator:
  
2020
    
2019
  
Net loss
(in thousands)
   $
(418
 )   $
(960
 )
Denominator:
                
Weighted average common shares outstanding:
                
Basic
    
19,918,298
      
19,580,049
  
Dilutive effect of non-vested awards
    
-
      
-
  
Diluted
    
19,918,298
      
19,580,049
  
Net loss per share:
                
Basic and diluted
   $
(0.02
 )   $
(0.05
 )
 
 
For both the
three
months ended
March 31, 2020
and
2019,
all outstanding options and restricted stock units were anti-dilutive due to the Company’s net losses for the periods and therefore
not
included in the calculations.