• Filing Date: 2020-08-03
  • Form Type: 10-Q
  • Description: Quarterly report
v3.20.2
LOSS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Loss per common share
    Three Months Ended June 30,     Six Months Ended June 30,  
    2020     2019     2020     2019  
    (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   $ (419 )   $ (2,991 )   $ (4,193 )   $ (5,509 )
    Less: preferred stock accretion     (212 )     (184 )     (418 )     (363 )
    Less: preferred stock dividends     (115 )     (115 )     (230 )     (230 )
        Net loss attributable to shareholders from continuing operations     (746 )     (3,290 )     (4,841 )     (6,102 )
Net loss from discontinued operations     (199 )     (1,936 )     (213 )     (2,293 )
Net loss attributable to shareholders   $ (945 )   $ (5,226 )     (5,054 )     (8,395 )
    Weighted average common shares outstanding - basic and diluted     22,829,084       19,369,399       22,224,417       19,135,176  
        Basic and diluted loss per share from continuing operations   $ (0.03 )   $ (0.17 )   $ (0.22 )   $ (0.32 )
        Basic and diluted loss per share from discontinued operations     (0.01 )     (0.10 )     (0.01 )     (0.12 )
Basic and diluted loss per share   $ (0.04 )   $ (0.27 )   $ (0.23 )   $ (0.44 )
            Common stock equivalents excluded due to anti-dilutive effect     5,074,916       6,918,542       5,074,916       6,918,542