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Loss Per Share

3 Months Ended

Mar. 31, 2020

2. Loss per share

Basic loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the periods. Diluted loss per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock and is calculated using the treasury stock method for unvested shares. Common equivalent shares are excluded from the calculation in the loss periods as their effects would be anti-dilutive.

	Three Months Ended March 31,
(In thousands, except share data)	2020			2019
Numerator:
Net loss	$	(1,481	)	$	(1,378	)
Denominator:
Weighted average shares outstanding - Basic and diluted ⁽¹⁾		11,583,214			10,267,680
Loss per share:
Basic and diluted:	$	(0.13	)	$	(0.13	)

(1)	A total of 2,185,577 and 2,267,500 unvested restricted stock units (“RSUs”) have been excluded from the diluted loss per share for the three months ended March 31, 2020 and 2019, respectively, as the impact is anti-dilutive.