Quarterly report pursuant to Section 13 or 15(d)

LOSS PER SHARE

v3.20.1
LOSS PER SHARE
3 Months Ended
Mar. 31, 2020
Net Loss Per Share  
NOTE E - LOSS PER SHARE

Basic loss per share is calculated by dividing the net loss by the weighted average number of outstanding common shares during the period. Diluted per share data includes the dilutive effects of options, warrants and restricted stock units. Potential shares of 873,750 and 2,068,750 at March 31, 2020 and March 31, 2019, respectively, consisted of options and restricted stock units.

Computations of basic and diluted weighted average common shares outstanding were as follows:

  Three Months Ended
March 31,
 
    2020     2019  
Weighted-average common shares outstanding – basic     24,029,513       23,745,848  
Dilutive effect of options, warrants and restricted stock units            
Weighted-average common shares outstanding – diluted     24,029,513       23,745,848  
Options and restricted stock units excluded from the computation of diluted loss per share because the effect of inclusion would have been anti-dilutive     873,750       2,068,750