Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.21.2
EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2021
EARNINGS PER SHARE  
EARNINGS PER SHARE

NOTE 14. – EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings (loss) per common share for the three and nine months ended September 30, 2021 and 2020, respectively. Outstanding warrants, options, and RSUs were excluded from the calculation of diluted EPS as the effect was antidilutive.

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

    

2021

    

2020

    

2021

    

2020

(in thousands, except for per-share data)

Net loss

$

(9,440)

$

(4,221)

$

(18,644)

$

(13,307)

Weighted average common shares outstanding - basic and diluted

 

162,721

138,857

153,998

138,774

Net loss per common share - basic and diluted

$

(0.06)

$

(0.03)

$

(0.12)

$

(0.10)

Anti-dilutive shares are as follows:

Warrants

11,293

11,293

Options

5,236

7,259

5,236

7,259

Restricted stock units

3,315

2,878

3,315

2,878

8,551

21,430

8,551

21,430