Quarterly report pursuant to Section 13 or 15(d)

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

v3.20.1
Basic and Diluted Net Income (Loss) per Common Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Loss Per Share

Below are basic and diluted loss per share data for the three months ended March 31, 2020, which are in thousands except for share and per share data:

 

    Basic Calculation    

Effect of

Dilutive
Warrant
Securities

    Diluted Calculation  
Numerator:                        
Net income (loss)   $ 1,169     $ (4,166 )   $ (2,997 )
Deemed dividend and accretion of a discount     (9,284 )     -       (9,284 )
Net loss attributable to common stockholders   $ (8,115 )   $ (4,166 )   $ (12,281 )
                         
Denominator:                        
Number of shares used in per common share calculations:     6,020,889       2,014,503       8,035,392  
                         
Net loss per common share:                        
Net income (loss)   $ 0.19     $ (0.56 )   $ (0.37 )
Deemed dividend and accretion of a discount     (1.54 )     0.38       (1.16 )
Net loss attributable to common stockholders   $ (1.35 )   $ (0.18 )   $ (1.53 )