Basic and Diluted Loss per Common Share

3 Months Ended

Mar. 31, 2021

16. Basic and Diluted Loss per Common Share

Basic net loss per share is computed by dividing net loss by the weighted-average number of shares of common stock outstanding during the period. The Company is in a net loss position for the three months ended March 31, 2020 and 2021 and therefore diluted shares equals basic shares.

The components of basic and diluted loss per share are as follows:


	Three months ended March 31,
		2020		2021
Earnings per share
Net income (loss)		$	(1,058)	$	(5,316)
Less: net income allocated to participating securities		—		—
Net loss attributable to common stockholders		$	(1,058)	$	(5,316)
Net loss per share:
Basic		$	(0.04)	$	(0.21)
Diluted		$	(0.04)	$	(0.21)














Weighted Average Number of Common Shares Outstanding
Basic		23,563,569		25,015,948




Diluted		23,563,569		25,015,948

The common share equivalents with anti-dilutive effects excluded from the weighted average shares used to calculate net loss per common share for the three months ended March 31, 2020 and 2021 were 1,314,975 and 2,414,442, respectively. For the three months ended March 31, 2020, this consisted of 820,966 stock options and 494,009 nonvested RSUs outstanding. For the three months ended March 31, 2021, this consisted of 196,433 stock options, 405,875 nonvested RSUs outstanding and 1,812,134 from convertible debt conversion.