TWINLAB CONSOLIDATED HOLDINGS, INC. Just Filed Its Annual Report: Net Loss per Common ...

Net Loss per Common Share
 
Basic net income or loss per common share (Basic EPS) is computed by dividing net income or loss by the weighted average number of common shares outstanding. Diluted net income or loss per common share (Diluted EPS) is computed by dividing net income or loss by the sum of the weighted average number of common shares outstanding and the dilutive potential common shares then outstanding. Potential dilutive common share equivalents consist of total shares issuable upon the exercise of outstanding stock options and warrants to acquire common stock using the treasury stock method and the average market price per share during the period.
 
The common shares used in the computation of our basic and diluted net loss per share are reconciled as follows:
 
   
For the Years Ended
December 31,
 
   
2020
   
2019
 
Numerator:
 
 
 
 
 
 
 
 
Net loss
  $
(14,389
)   $
(44,501
)
Effect of dilutive securities on net loss:                
Common stock warrants
   
(35
)    
(3,696
)
                 
Total net loss for purpose of calculating diluted net loss per common share
  $
(14,424
)   $
(48,197
)
                 
Number of shares used in per common share calculations:
 
 
 
 
 
 
 
 
Total shares for purpose of calculating basic net loss per common share
   
257,345,636
     
255,643,828
 
Weighted-average effect of dilutive securities:                
Common stock warrants
   
1,734,243
     
9,849,661
 
                 
Total shares for purpose of calculating diluted net loss per common share
   
259,079,879
     
265,493,489
 
                 
Net loss per common share:
 
 
 
 
 
 
 
 
Basic
  $
(0.06
)   $
(0.17
)
Diluted
  $
(0.06
)   $
(0.18
)

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Departure of Directors or Certain - Oct. 7, 2021

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