XML 41 R20.htm IDEA: XBRL DOCUMENT v3.20.1
Net Loss per Common Share
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Net Loss per Common Share Attributable to Identiv Stockholders’ Equity

13. Net Loss per Common Share

Basic and diluted net loss per share is based upon the weighted average number of common shares outstanding during the period. The following table sets forth the computation of basic earnings per share (“EPS”):

 

 

 

Three Months Ended March 31,

 

Numerator:

 

2020

 

 

2019

 

Net loss

 

$

(2,047

)

 

$

(815

)

Accretion of Series B convertible preferred stock dividends

 

 

(270

)

 

 

(258

)

Numerator for basic EPS - net loss available to common stockholders

 

$

(2,317

)

 

$

(1,073

)

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Weighted average common shares outstanding - basic

 

 

17,521

 

 

 

16,837

 

Net loss per common share - basic

 

$

(0.13

)

 

$

(0.06

)

 

 

 

 

 

 

 

 

 

 

The following common stock equivalents have been excluded from diluted net loss per share for the three months ended March 31, 2020 and 2019 because their inclusion would have been anti-dilutive (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2020

 

 

2019

 

Shares of common stock subject to outstanding RSUs

 

 

1,043

 

 

 

1,430

 

Shares of common stock subject to outstanding stock options

 

 

562

 

 

 

576

 

Shares of common stock subject to outstanding warrants

 

 

40

 

 

 

705

 

Shares of common stock issuable upon conversion of Series B convertible preferred stock

 

 

5,536

 

 

 

5,273

 

Total

 

 

7,181

 

 

 

7,984