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BASIC AND DILUTED LOSS PER COMMON SHARE (Tables)
 9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
The following table sets forth the computation of basic and diluted loss per share (in thousands, except per share data):

Basic and diluted loss per common share is calculated based on the weighted average number of vested shares outstanding even if such shares are not legally outstanding during the period. The Company’s employee and director equity 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   Nine Months Ended 
   September 30,   September 30, 
   2022   2021   2022   2021 
Numerator:                
Net loss  $(1,311)  $(434)  $(4,586)  $(769)
                     
Denominator:                    
Weighted average basic shares outstanding   9,770    8,726    9,713    8,726 
Effect of dilutive securities - equity based compensation plans   —    —    —    — 
Denominator for diluted net loss per common share   9,770    8,726    9,713    8,726 
                     
Net loss per common share:                    
Basic  $(0.13)  $(0.05)  $(0.47)  $(0.09)
Diluted  $(0.13)  $(0.05)  $(0.47)  $(0.09)