Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) per Share

v3.19.2
Net Income (Loss) per Share
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Net Income (Loss) per Share

Note 8. Net Income (Loss) per Share

The computation of basic net income (loss) per share is based on the weighted-average number of common stock outstanding during each period. The computation of diluted net income (loss) per share is based on the weighted-average number of shares outstanding during the period plus, when their effect is dilutive, incremental shares consisting of shares subject to stock options, restricted stock units, ESPP shares and warrants.

The following table summarizes the computation of basic and diluted net income (loss) per share (in thousands, except share and per share data):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

387

 

 

$

(369

)

 

$

25

 

 

$

(1,586

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding, basic

 

 

11,365,472

 

 

 

10,589,038

 

 

 

11,186,371

 

 

 

10,329,874

 

     Dilutive effect of common stock equivalents

 

 

608,004

 

 

 

 

 

 

670,975

 

 

 

 

Weighted-average shares outstanding, diluted

 

 

11,973,476

 

 

 

10,589,038

 

 

 

11,857,346

 

 

 

10,329,874

 

Net income (loss) per share, basic

 

$

0.03

 

 

$

(0.03

)

 

$

0.00

 

 

$

(0.15

)

Net income (loss) per share, diluted

 

$

0.03

 

 

$

(0.03

)

 

$

0.00

 

 

$

(0.15

)