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Net Loss per Common Share
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Net Loss per Common Share
Note 2 – Net Loss per Common Share
The Company’s basic net loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding for the period.
A summary of the Company’s calculation of net loss per share is as follows (in thousands except per share amounts):
 
   
Three
  
Months
 
Ended
   
Nine
  
Months
 
Ended
 
   
September 30,
   
September 30,
 
   
2019
   
2018
   
2019
   
2018
 
Net loss
  
$
(2,956
  
$
(1,365
  
$
(10,203
  
$
(5,673
   
 
 
   
 
 
   
 
 
   
 
 
 
Shares used in the calculation of basic and diluted net loss per share
   19,284    16,700    18,049    16,652 
   
 
 
   
 
 
   
 
 
   
 
 
 
Diluted shares used in the calculation of net loss per share
   19,284    16,700    18,049    16,652 
   
 
 
   
 
 
   
 
 
   
 
 
 
Net loss per
share - basic and diluted
  $(0.15  $(0.08  $(0.57  $(0.34
The shares of the Company’s common stock issuable upon the exercise of convertible securities, stock options and vesting of restricted stock that were excluded from the calculation of diluted net loss per share because their effect would have been antidilutive are as follows:
 
   
Period Ended
September 30,
 
   
2019
   
2018
 
Stock options
   1,509,292    1,462,439 
Restricted stock
   191,909    502,868 
Convertible Debentures
   1,742,500    —   
   
 
 
   
 
 
 
Stock options and restricted stock
   3,443,701    1,965,307