• Filing Date: 2019-11-15
  • Form Type: 10-Q/A
  • Description: Quarterly report (Amendment)
v3.19.3
LOSS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Loss per common share
    Three Months Ended September 30,     Nine Months Ended September 30,  
    2019     2018     2019     2018  
    (Dollars in thousands, except per share data)     (Dollars in thousands, except per share data)  
Basic and diluted loss per share                        
    Net loss from continuing operations   $ (3,456 )   $ (528 )   $ (10,978 )   $ (3,649 )
    Less: preferred stock accretion     (191 )     (167 )     (554 )     (483 )
    Less: preferred stock dividends     (114 )     (115 )     (344 )     (345 )
        Net loss attributable to shareholders from continuing operations     (3,761 )     (810 )     (11,876 )     (4,477 )
Net income (loss) from operations held for sale     (172 )     25       (450 )     30  
Net loss attributable to shareholders   $ (3,993 )   $ (785 )   $ (12,326 )   $ (4,447 )
    Weighted average common shares outstanding - basic and diluted     19,878,518       14,542,362       19,592,679       14,524,030  
        Basic and diluted loss per share from continuing operations   $ (0.19 )   $ (0.06 )   $ (0.61 )   $ (0.31 )
        Basic and diluted (loss) earnings per share from operations held for sale     (0.01 )     0.01       (0.02 )     -  
Basic and diluted loss per share   $ (0.20 )   $ (0.05 )   $ (0.63 )   $ (0.31 )
            Common stock equivalents excluded due to anti-dilutive effect     5,400,047       2,675,906       5,400,047       2,690,768