Quarterly report pursuant to Section 13 or 15(d)

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.20.1
NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted Diluted net income loss per common share is based on the weighted-average number of common shares outstanding and potentially dilutive common shares outstanding and computed as follows:
Three Months ended
March 31,
2020 2019
(In thousands, except share and per share data)
Numerator:
Net loss to common stockholders $ (4,189)   $ (6,002)  
Denominator:
Weighted-average common shares, basic 27,677,579    27,594,372   
Weighted-average common shares, diluted* 27,677,579    27,594,372   
Net loss per common share:
Basic: $ (0.15)   $ (0.22)  
Diluted: $ (0.15)   $ (0.22)  
* For the three months ended March 31, 2020 and 2019, the securities would be anti-dilutive and therefore were excluded.
Summary of Components Excluded from Computation of Diluted Net Loss Per Share
Potentially dilutive common shares from employee equity plans and warrants are determined by applying the treasury stock method assumed exercise of warrants and share options and were excluded from the computation of diluted net loss per share because their inclusion would be anti-dilutive and consist of the following:
Three Months ended
March 31,
2020 2019
Stock options 2,339,013    2,486,646   
Restricted stock units 538,691    288,108   
Warrants 2,355,506    2,355,506   
Total 5,233,210    5,130,260