Quarterly report pursuant to Section 13 or 15(d)

Basic and Diluted Net Income (Loss) per Common Share (Tables)

v3.20.2
Basic and Diluted Net Income (Loss) per Common Share (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Loss Per Share

Below  are basic and diluted loss per share data for the six months ended June 30, 2020, which are in thousands except for share and per share data:

 

    Basic
Calculation
   

Effect of

Dilutive
Warrant
Securities

    Diluted
Calculation
 
Numerator:                        
Net loss   $ (2,859 )   $ (2,191 )   $ (5,050 )
Deemed dividend and accretion of a discount     (9,491 )     -       (9,491 )
Net loss attributable to common stockholders   $ (12,350 )   $ (2,191 )   $ (14,541 )
                         
Denominator:                        
Number of shares used in per common share calculations:     9,070,655       2,243,597       11,314,252  
                         
Net income (loss) per common share:                        
Net loss   $ (0.32 )   $ (0.13 )   $ (0.45 )
Deemed dividend and accretion of a discount     (1.05 )     0.21       (0.84 )
Net income (loss) attributable to common stockholders   $ (1.37 )   $ 0.08     $ (1.29 )

 

Below  are basic and diluted loss per share data for the three months ended June 30, 2019, which are in thousands except for share and per share data:

 

    Basic
Calculation
   

Effect of

Dilutive
Warrant
Securities

    Diluted
Calculation
 
Numerator:                        
Net loss   $ (730 )   $ (632 )   $ (1,362 )
Deemed dividend and accretion of a discount     (2,358 )     -       (2,358 )
Net loss attributable to common stockholders   $ (3,088 )   $ (632 )   $ (3,720 )
                         
Denominator:                        
Number of shares used in per common share calculations:     931,859       -       931,859  
                         
Net loss per common share:                        
Net loss   $ (0.78 )   $ (0.68 )   $ (1.46 )
Deemed dividend and accretion of a discount     (2.53 )     -       (2.53 )
Net loss attributable to common stockholders   $ (3.31 )   $ (0.68 )   $ (3.99 )

 

Below  are basic and diluted loss per share data for the six months ended June 30, 2019, which are in thousands except for share and per share data:

 

    Basic
Calculation
   

Effect of

Dilutive
Warrant
Securities

    Diluted
Calculation
 
Numerator:                        
Net loss   $ (2,359 )   $ (609 )   $ (2,968 )
Deemed dividend and accretion of a discount     (2,358 )     -       (2,358 )
Net loss attributable to common stockholders   $ (4,717 )   $ (609 )   $ (5,326 )
                         
Denominator:                        
Number of shares used in per common share calculations:     829,724       -       829,724  
                         
Net loss per common share:                        
Net loss   $ (2.84 )   $ (0.74 )   $ (3.58 )
Deemed dividend and accretion of a discount     (2.84 )     -       (2.84 )
Net loss attributable to common stockholders   $ (5.68 )   $ (0.74 )   $ (6.42 )