8. NET LOSS PER SHARE

Basic net loss per share is computed by dividing the net loss by the weighted average shares outstanding. Diluted loss per share is computed by dividing the net loss by the weighted average diluted shares outstanding.

The computation of basic and diluted loss per share is as follows (in thousands, except share and per share data):


	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019		2018
Net loss	$	(11,246)	$	(5,711)	$	(11,383)	$	(7,420)
Weighted average common shares outstanding:
Basic		23,176,934		22,897,686		23,117,571		22,888,746
Dilutive common stock options, restricted stock unit awards and restricted stock awards		—		—		—		—
Diluted		23,176,934		22,897,686		23,117,571		22,888,746
Basic loss per share of common stock	$	(0.49)	$	(0.25)	$	(0.49)	$	(0.32)
Diluted loss per share of common stock	$	(0.49)	$	(0.25)	$	(0.49)	$	(0.32)

The Company had a net loss for the three and six months ended June 30, 2019 and 2018. As a result, all stock options, restricted stock unit awards and restricted stock awards were anti-dilutive and excluded from weighted average shares used in determining the diluted loss per share of common stock for the respective periods.

The following weighted average numbers of stock options, restricted stock unit awards and restricted stock awards, in each case as adjusted for the 5% stock dividend paid to shareholders on May 29, 2018, have been excluded from the calculation of diluted loss per share of common stock, as their effect would be anti-dilutive for the three and six months ended June 30, 2019 and 2018:


	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018		2019			2018
			(as adjusted)				(as adjusted)
Stock options		87,497		254,348		87,497		272,492
Restricted stock units		451,190		499,516		498,704		456,688
Restricted stock awards		—		65,974		16,402		68,149
Total		538,687		819,838		602,603		797,329