XML 55 R32.htm IDEA: XBRL DOCUMENT v3.22.1
LOSS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
SCHEDULE OF BASIC AND DILUTED NET LOSS PER SHARE

The following table sets forth the calculation of basic and diluted net loss per share for the years ended December 31, 2021 and 2020 and all shares and per share amounts have been adjusted for a one share-for-ten shares reverse stock split which took effect on January 6, 2020:

 

   2021   2020 
   (in thousands except per share data) 
Net loss  $(1,770)  $(6,439)
Dividend on series A preferred stock   -    (421)
Gain on redemption of series A preferred stock   -    441 
Net loss applicable to common shareholders  $(1,770)  $(6,419)
           
Basic weighted-average common shares outstanding   4,492    1,628 
Dilutive effect of potentially dilutive securities   -    - 
Diluted weighted-average common shares outstanding   4,492    1,628 
           
Basic net loss per share  $(0.39)  $(3.94)
Diluted net loss per share  $(0.39)  $(3.94)
SCHEDULE OF ANTI-DILUTIVE WEIGHTED AVERAGE SHARES

For the years ended December 31, 2021 and 2020, potentially dilutive securities excluded from the calculation of weighted average shares because they were anti-dilutive are as follows:

 

   2021   2020 
   (in thousands) 
Stock options   31    31 
Unvested shares of restricted stock   174    71 
Warrants   50    50 
           
Total   255    152