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Earnings (Loss) Per Share
3 Months Ended
Mar. 31, 2022
Earnings (Loss) Per Share  
Earnings (Loss) Per Share

Note 6. Earnings (Loss) Per Share

Basic EPS is calculated in accordance with ASC 260, Earnings Per Share, by dividing net income or loss attributable to common stockholders by the weighted average number of shares of common stock that were outstanding. Diluted EPS is calculated by adjusting the weighted average number of shares of common stock that were outstanding for the dilutive effect of common stock equivalents. In periods in which a net loss is recorded, no effect is given to

potentially dilutive securities, since the effect would be antidilutive. The calculations of basic and diluted net loss per share are as follows:

Three months ended

    

March 31, 

2022

    

2021

Net loss (numerator)

$

(31,472)

$

(26,376)

Weighted average shares (denominator)

27,980

24,524

Basic and diluted net loss per share (in whole dollars)

$

(1.12)

$

(1.08)

Potentially dilutive securities outstanding consists of stock options and RSUs. The Company had common stock equivalents outstanding at March 31, 2022 and 2021 of 4,782 and 4,072 shares, respectively.