Net Loss per Share of Common Stock

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Net Loss per Share of Common Stock

Net Loss per Share of Common Stock

Basic loss per share is based upon the weighted-average number of shares of common stock outstanding during the period, without consideration of common stock equivalents. Diluted loss per share is based upon the weighted-average number of common shares outstanding during the period plus additional weighted-average potentially dilutive common stock equivalents during the period when the effect is dilutive.

The following table presents the computation of basic and diluted loss per share of common stock (in thousands, except share and per share data):

	Three Months Ended March 31,
	2020		2019
Net loss	340		(2,105)
Accretion of preferred stock to current redemption value	(651)		(750)
Net loss attributable to common shareholders	(311)		(2,855)
Basic and diluted weighted-average shares outstanding	2,189,758		1,339,289
Basic and diluted loss per share	$	(0.14)	$	(2.13)

All common stock equivalents are excluded from the computation of diluted loss per share during periods in which losses are reported since the result would be anti-dilutive. As of March 31, 2020, anti-dilutive stock options and restricted stock awards excluded from our calculation totaled 578,624 and 0, respectively. As of March 31, 2019, anti-dilutive stock options and restricted stock awards excluded from our calculation totaled 269,292 and 0, respectively.