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Loss Per Share
12 Months Ended
Dec. 31, 2021
Loss Per Share [Line Items]  
Earnings Per Share [Text Block]

17.  Loss Per Share

 

The following table presents the calculation of loss per share for the years ended December 31, 2021 and 2020:

 

In thousands, except per share data

2021

 

2020

Numerator:

         

Net loss, as reported

$

(4,968)

 

$

(4,843)

Denominator:

         

Weighted average shares outstanding

 

13,580

 

 

13,696

Basic and diluted loss per share

$

(0.37)

 

$

(0.35)

 

At December 31, 2021 and 2020, there were no dividends accumulated on the Company’s SBCPS.

 

Basic loss per common share is computed by dividing net loss attributable to common shares by the weighted average number of common shares outstanding for the period.  Diluted loss per common share is computed by dividing net loss attributable to common shares, by the weighted average number of common shares outstanding, adjusted for shares that would be assumed outstanding after warrants and stock options vested under the treasury stock method.

 

At December 31, 2021 and 2020, outstanding warrants exercisable into 1.6 million and 1.8 million shares of Common Stock, respectively, were excluded from the calculation of diluted loss per share because their impact would have been anti-dilutive.