• Filing Date: 2020-11-09
  • Form Type: 10-Q
  • Description: Quarterly report
v3.20.2
LOSS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Loss per common share
    Three Months ended September 30,     Nine Months ended September 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   $ (6,667 )   $ (3,528 )   $ (10,860 )   $ (9,036 )
    Less: preferred stock accretion     (220 )     (191 )     (638 )     (554 )
    Less: preferred stock dividends     (115 )     (114 )     (345 )     (344 )
        Net loss attributable to shareholders from continuing operations     (7,002 )     (3,833 )     (11,843 )     (9,934 )
Net loss from discontinued operations     (2 )     (100 )     (215 )     (2,392 )
Net loss attributable to shareholders   $ (7,004 )   $ (3,933 )   (12,058 )   (12,326 )
    Weighted average common shares outstanding - basic and diluted     26,907,069       19,878,518       22,781,807       19,592,679  
        Basic and diluted loss per share from continuing operations   $ (0.26 )   $ (0.19 )   $ (0.52 )   $ (0.51 )
        Basic and diluted loss per share from discontinued operations     -       (0.01 )     (0.01 )     (0.12 )
Basic and diluted loss per share   $ (0.26 )   $ (0.20 )   $ (0.53 )   $ (0.63 )
            Common stock equivalents excluded due to anti-dilutive effect     4,134,979       5,400,047       4,134,979       5,400,047