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Net Income (Loss) Per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Summary of Computation of Net Income (Loss) Per Share

The following table presents the computation of net income (loss) per share (in thousands except per share data):

 

 

 

Three months ended March 31,

 

 

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(1,202

)

 

$

337

 

Denominator:

 

 

 

 

 

 

 

 

Weighted average common shares outstanding - basic

 

 

9,690

 

 

 

9,626

 

Plus dilutive effect of potential common shares

 

 

 

 

 

335

 

Weighted average common shares outstanding - diluted

 

 

9,690

 

 

 

9,961

 

Net income (loss) per share:

 

 

 

 

 

 

 

 

Basic

 

$

(0.12

)

 

$

0.03

 

Diluted

 

$

(0.12

)

 

$

0.03

 

Summary of Potentially Dilutive Securities

Potentially dilutive securities (in common stock equivalent shares) not included in the calculation of diluted net income (loss) per share because to do so would be anti-dilutive are as follows (in thousands):

 

 

Three months ended March 31,

 

 

 

2020

 

 

2019

 

Stock options and restricted stock

 

 

1,211

 

 

 

468

 

Warrants outstanding

 

 

51

 

 

 

51

 

Total

 

 

1,262

 

 

 

519