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Note 2 - Loss (Income) Per Share
9 Months Ended
Sep. 30, 2019
Notes to Financial Statements  
Earnings Per Share [Text Block]
2.
Loss (income) per share
 
Basic (loss) income per share is computed by dividing net (loss) income by the weighted average number of common shares outstanding during the period, in addition to restricted stock units ("RSUs") and restricted common stock that are vested but
not
delivered. Diluted (loss) income per share reflects the potential dilution that could occur if securities or other contracts to issue common stock are exercised or converted into common stock, and is calculated using the treasury stock method for stock options, restricted stock units, restricted stock, warrants and deferred common stock. Common equivalent shares are excluded from the calculation in loss periods, as their effects would be anti-dilutive.
 
For the
three
and
nine
months ended
September 30, 2019
and
2018
, basic and diluted (loss) income per share was as follows:
 
   
Three Months Ended September 30,
   
Nine Months Ended September 30,
 
   
2019
   
2018
   
2019
   
2018
 
Numerator:
     
 
     
 
     
 
     
 
Net (loss) income from continuing operations
  $
(4,463
)   $
4,462
    $
(2,703
)   $
1,549
 
Net loss from discontinued operations
   
     
     
     
(21,124
)
Net (loss) income
  $
(4,463
)   $
4,462
    $
(2,703
)   $
(19,575
)
Denominator:
     
 
     
 
     
 
     
 
Weighted average shares outstanding
   
76,769,339
     
75,289,662
     
76,296,825
     
72,657,052
 
Weighted average restricted shares vested not delivered
   
2,799,871
     
2,909,971
     
3,092,306
     
3,345,462
 
Total basic and diluted weighted average shares outstanding
   
79,569,210
     
78,199,633
     
79,389,131
     
76,002,514
 
Basic and diluted (loss) earnings per share
     
 
     
 
     
 
     
 
Continuing operations
  $
(0.06
)   $
0.06
    $
(0.03
)   $
0.02
 
Discontinued operations
  $
    $
    $
    $
(0.28
)
Net (loss) income
  $
(0.06
)   $
0.06
    $
(0.03
)   $
(0.26
)
 
The following potentially dilutive securities were excluded from the calculation of diluted (loss) income per share, as their effects would have been anti-dilutive for the periods presented:
 
   
Three Months Ended September 30,
   
Nine Months Ended September 30,
 
   
2019
   
2018
   
2019
   
2018
 
Restricted stock units
   
3,794,227
     
3,842,631
     
3,794,227
     
3,842,631
 
Stock options
   
2,120,000
     
2,623,776
     
2,120,000
     
2,623,776
 
Warrants
   
2,398,776
     
112,000
     
2,398,776
     
112,000
 
Total anti-dilutive securities
   
8,313,003
     
6,578,407
     
8,313,003
     
6,578,407