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LOSS PER COMMON SHARE
6 Months Ended
Jun. 30, 2018
LOSS PER COMMON SHARE

NOTE I—LOSS PER COMMON SHARE

Basic loss per common share has been computed by dividing net loss by the weighted-average number of shares of the Company’s common stock outstanding during the relevant period. Diluted loss per common share adjusts net loss and basic loss per common share for the effect of all potentially dilutive shares of the Company’s common stock. The calculations of basic and diluted loss per common share for the three and six months ended June 30, 2018 and 2017 are as follows:

 

     Three Months Ended
June 30,
     Six Months Ended
June 30,
 
     2018      2017      2018      2017  
     (in thousands, except per share amounts)      (in thousands, except per share amounts)  

Net loss– basic and diluted

   $ (6,057    $ (2,096    $ (17,655    $ (3,427

Weighted-average shares outstanding – basic and diluted

     20,327        14,456        18,474        14,426  

Basic and diluted loss per common share

   $ (0.30    $ (0.14    $ (0.96    $ (0.24
  

 

 

    

 

 

    

 

 

    

 

 

 

The computation of diluted loss per common share for the three and six months ended June 30, 2018 excludes 1,990,536 shares and 1,938,124 shares, respectively, related to options to purchase shares and other stock awards. The computation of diluted loss per common share for the three and six months ended June 30, 2017 excludes 1,990,982 shares and 1,997,072 shares, respectively, related to options to purchase shares and other stock awards. These shares were excluded due to their antidilutive effects.