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BASIC AND DILUTED LOSS PER COMMON SHARE
 6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
BASIC AND DILUTED LOSS PER COMMON SHARE

11. BASIC AND DILUTED LOSS PER COMMON SHARE

 

Basic and diluted loss per common share is calculated based on the weighted average number of shares outstanding during the period. The Company’s employee and director stock option awards, as well as incremental shares issuable upon exercise of warrants, are not considered in the calculations if the effect would be anti-dilutive. The following table sets forth the computation of basic and diluted loss per share (in thousands, except per share data):

 

                             

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(686

)

 

$

(660

)

 

$

(335

)

 

$

(3,581

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average basic shares outstanding

 

 

8,726

 

 

 

8,726

 

 

 

8,726

 

 

 

8,726

 

Effect of dilutive securities - equity based compensation plans

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Denominator for diluted net loss per common share

 

$

8,726

 

 

$

8,726

 

 

$

8,726

 

 

$

8,726

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.08

)

 

$

(0.08

)

 

$

(0.04

)

 

$

(0.41

)

Diluted

 

$

(0.08

)

 

$

(0.08

)

 

$

(0.04

)

 

$

(0.41

)