Income/(loss) Per Common Share

The computation of basic net income/(loss) per share is based on the weighted average number of common shares outstanding for the three and nine months ended September 30, 2018 and 2017. Diluted net income/(loss) per share gives effect to stock awards, stock options and restricted stock units using the treasury stock method, unless the impact is anti-dilutive. Diluted net income per share as of September 30, 2018 does not include 1,452 stock awards, 352,000 stock options and 152,266 warrants, as their effect was anti-dilutive. Diluted net loss per share for the three months ended September 30, 2017 does not include 1,843,211 stock awards, 1,865,865 stock options and 152,266 warrants, as their effect was anti-dilutive.



	Three Months Ended					Nine Months Ended
	September 30, 2018		September 30, 2017			September 30, 2018		September 30, 2017
Net income/(loss)	$	2,584,822	$	(10,255,346	)	6,088,334		$	(27,212,260	)
Weighted Average Shares - Basic	70,649,556		70,329,252			70,539,951		68,782,517
Dilutive effect of stock options and restricted stock units	1,707,099		—			1,315,732		—
Weighted Average Shares - Diluted	72,356,655		70,329,252			71,855,683		68,782,517
Basic income/(loss) per share	$	0.04	$	(0.15	)	$	0.09	$	(0.40	)
Diluted income/(loss) per share	$	0.04	$	(0.15	)	$	0.08	$	(0.40	)