LOSS PER COMMON SHARE

12 Months Ended

Dec. 31, 2020

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. 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. Anti-dilutive securities are not included in the computation of diluted earnings per share under the treasury stock method.

The calculations of basic and diluted loss per common share for the years ended December 31, 2020, 2019 and 2018, are as follows:


	2020		2019		2018
	(in thousands - except per share amounts)
Net loss – Basic and Diluted	$	(3,007)	$	(44,415)	$	(1,720)
Weighted-average shares outstanding – Basic	20,860		20,597		19,452
Effect of dilutive securities:
Stock options and other stock awards	—		—		—
Weighted-average shares outstanding – Diluted	20,860		20,597		19,452
Basic loss per common share	$	(0.14)	$	(2.16)	$	(0.09)
Diluted loss per common share	$	(0.14)	$	(2.16)	$	(0.09)
Antidilutive shares (1)	2,167		2,120		1,869

(1) Stock options and other stock awards that have been excluded from the denominator as their inclusion would have been anti-dilutive.