XML 20 R8.htm IDEA: XBRL DOCUMENT v3.21.2

Note 2 - (Loss) Income Per Share

9 Months Ended

Sep. 30, 2021

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 nine months ended September 30, 2021 and 2020, basic and diluted (loss) income per share was as follows:

		Three Months Ended September 30,								Nine Months Ended September 30,
		2021				2020				2021				2020
Numerator:
Net (loss) income		$	(2,452	)		$	1,169			$	(13,889	)		$	2,029
Denominator:
Weighted average shares outstanding			78,441,740				76,315,973				77,866,621				76,111,405
Weighted average restricted shares vested not delivered			1,691,666				2,262,001				1,887,041				2,452,857
Total basic weighted average shares outstanding			80,133,406				78,577,974				79,753,662				78,564,262
Dilutive effect of assumed conversion of restricted stock units			—				594,604				—				650,357
Total diluted weighted average shares outstanding			80,133,406				79,172,578				79,753,662				79,214,619
Basic and diluted (loss) income per share:
Basic		$	(0.03	)		$	0.01			$	(0.17	)		$	0.03
Diluted		$	(0.03	)		$	0.01			$	(0.17	)		$	0.03

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,
		2021				2020				2021				2020
Restricted stock units			2,814,788				1,589,498				2,814,788				1,639,561
Stock options			2,204,000				2,509,000				2,204,000				2,509,000
Warrants			833,333				833,333				833,333				833,333
Total anti-dilutive securities			5,852,121				4,931,831				5,852,121				4,981,894

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureTextBlockAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257

+ Details

Name:	us-gaap_EarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration