EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2020

EARNINGS PER SHARE

EARNINGS PER SHARE

NOTE 13. – EARNINGS PER COMMON SHARE

The following table sets forth the computation of basic and diluted earnings (loss) per common share for the years ended December 31, 2020, 2019 and 2018, respectively. Outstanding warrants, options, and restricted stock units were excluded from the calculation of diluted EPS as the effect was antidilutive.

	Year Ended
	December 31,
	2020		2019		2018
	(in thousands, except for per-share data)
Net loss	$	(19,711)	$	(26,558)	$	(7,967)
Weighted average common shares outstanding - basic and diluted		138,813		125,883		124,299
Net loss per common share - basic and diluted	$	(0.14)	$	(0.21)	$	(0.06)
Anti-dilutive shares are as follows:
Warrants		11,293		11,293		11,293
Options		6,581		7,837		8,672
Restricted stock units		2,938		951		—
		20,812		20,081		19,965