Note 10 - Net Income (Loss) Per Share of Common Stock

6 Months Ended

Jun. 30, 2021

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE 10: NET INCOME (LOSS) PER SHARE OF COMMON STOCK

Basic net income (loss) per share is computed based on the weighted average number of shares of common stock outstanding during each period. Diluted net income (loss) per share is computed based on the weighted average number of shares of common stock outstanding during each period, plus dilutive potential shares of common stock considered outstanding during the period, in accordance with FASB ASC No. 260, “Earnings Per Share.”

	Six months ended June 30,						Three months ended June 30,
	2021 (unaudited)			2020 (unaudited)			2021 (unaudited)		2020 (unaudited)
Numerator:
Net income (loss)	$	(3,315	)	$	(2,275	)	$	315	$	(1,090	)
Denominator (in thousands):
Basic weighted-average common stock outstanding		22,685			22,006			22,823		22,017
Effect of stock -based awards		—			—			317		—
Diluted weighted average common stock outstanding		22,685			22,006			23,140		22,017
Basic net income (loss) per share	$	(0.15	)	$	(0.10	)	$	0.01	$	(0.05	)
Diluted net income (loss) per share	$	(0.15	)	$	(0.10	)	$	0.01	$	(0.05	)

The weighted average number of shares related to outstanding equity-based awards excluded from the calculation of diluted net income per share, since their effect was anti-dilutive, was 66,733 shares for the three months ended June 30, 2021. The total number of shares related to outstanding equity-based awards excluded from the calculation of diluted net loss per share was 792,086 for the six months ended June 30, 2021. The total number of shares related to outstanding equity-based awards was 1,312,953 for both the three and six months ended June 30, 2020, and in each case was excluded from the calculation of diluted net loss per share.