Quarterly report pursuant to Section 13 or 15(d)

Net (Loss) Income per Share Attributable to Common Stock

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Net (Loss) Income per Share Attributable to Common Stock
9 Months Ended
Sep. 30, 2021
Net (Loss) Income per Share Attributable to Common Stock  
Net (Loss) Income per Share Attributable to Common Stock

Note 15. Net (Loss) Income per Share Attributable to Common Stock

Basic net (loss) income per share of common stock is computed by dividing net (loss) income attributable to common stockholders by the weighted average number of shares of common stock outstanding for the period. Diluted net (loss) income per share is calculated

by adjusting the weighted-average number of shares outstanding for the dilutive effect of common stock equivalents outstanding for the period, determined using the treasury-stock method. Diluted (loss) income per share excludes, when applicable, the potential impact of stock options, unvested shares of restricted stock awards, and common stock warrants because their effect would be anti-dilutive due to our net loss.

The calculation of basic and diluted net loss per share attributable to common stock was as follows:

    

Three months ended

    

Nine months ended

September 30,

September 30,

    

2021

    

2020

 

2021

    

2020

Net loss

$

(3,373)

$

(184)

$

(8,865)

$

(66)

Weighted-average basic shares outstanding

14,312,675

12,156,111

13,948,862

10,721,917

Effect of dilutive securities:

Unvested restricted stock awards

 

 

 

 

Stock options

 

 

 

 

Weighted-average diluted shares outstanding

14,312,675

12,156,111

13,948,862

10,721,917

Net loss per share - basic and diluted

$

(0.24)

$

(0.02)

$

(0.64)

$

(0.01)

The following outstanding shares of common stock equivalents were excluded from the computation of the diluted net loss per share attributable to common stock for the periods presented because their effect would have been anti-dilutive.

    

Three months ended

    

Nine months ended

September 30,

September 30,

    

2021

    

2020

    

2021

    

2020

Stock options

43,996

37,130

43,966

37,130

Unvested restricted stock awards

529,997

214,329

529,997

214,329

Common stock warrants

240,100

240,100

240,100

240,100