XML 64 R11.htm IDEA: XBRL DOCUMENT v3.19.3
(Loss) Earnings Per Share
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
(Loss) Earnings Per Share

(4) (Loss) Earnings Per Share. Basic (loss) earnings per share have been computed on the basis of the weighted-average number of shares of common stock outstanding during the period. During the three and nine month periods ended September 30, 2019, and the three month period ended September 30, 2018, basic and diluted loss per share is the same due to the net loss incurred by the Company. During the nine month period ended September 30, 2018, basic and diluted earnings per share is the same as there were no outstanding potentially dilutive securities. (Loss) earnings per common share have been computed based on the following:

 

Following is the computation of basic and diluted loss per share for the three and nine month periods ended September 30, 2019 and 2018:

 

    Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
    2019     2018     2019     2018  
Basic and Diluted LPS Computation                                
Numerator:                                
Loss available to common stockholders   $ (280 )   $ (202 )   $ (856 )   $ 1,417  
                                 
Denominator:                                
Weighted average number of common shares outstanding     1,928,269       1,559,722       1,889,592       1,381,473  
                                 
Basic and diluted LPS   $ (.15 )   $ (.13 )   $ (.45 )   $ (1.03 )