Annual report pursuant to Section 13 and 15(d)

NET LOSS PER COMMON SHARE

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NET LOSS PER COMMON SHARE
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
NET LOSS PER COMMON SHARE

7. NET LOSS PER COMMON SHARE

 

The following table reconciles the weighted-average shares outstanding for basic and diluted net loss per common share for the years ended December 31, 2021 and 2020:

 

                 
    December 31,  
    2021     2020  
    ($ in thousands, except share and per share amounts)  
Basic and Diluted:                
Net loss attributable to common shareholders   $ (11,216 )   $ (22,690 )
Weighted-average common shares used to compute basic and diluted loss per share     14,541,061       12,678,845  
Net loss attributable to common shareholders per share - basic and diluted   $ (0.77 )   $ (1.79 )

 

All unvested restricted stock units (“RSUs”) and unexercised warrants have been excluded from the above calculations as they were anti-dilutive. Vested RSUs, vested restricted shares and exercised warrants have been included in the above calculations.