General form of registration statement for all companies including face-amount certificate companies

Net Loss Per Share (Tables)

v3.21.2
Net Loss Per Share (Tables)
 9 Months Ended 12 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Earnings Per Share [Abstract]    
Summary Of Earnings per Shares, basic and diluted
Presented in the table below is a reconciliation of the numerator and d
e
nominator for the basic and diluted earnings per share (“EPS”) calculations for the periods ended:
 
 
  
Three months ended
September 30,
 
  
Nine months ended

September 30,
 
(in ‘000)
  
2021
 
  
2020
 
  
2021
 
  
2020
 
Numerator:
  
      
  
      
  
      
  
      
Net loss attributable to the Company
    $ (4,508 )     $ (5,648 )     $ (12,474 )     $ (19,474 ) 
Less dividends to preferred shareholder
      (7,897 )       (7,139 )       (22,822 )       (20,492 ) 
Add premium on preferred conversion to common shares
      4,074                 4,074           
    
 
 
     
 
 
     
 
 
     
 
 
  
Net loss attributable to common shareholders
   
$
(8,331
) 
   
$
(12,787
) 
   
$
(31,222
) 
   
$
(39,966
) 
Denominator:
                                    
Weighted average common shares, basic and
diluted
 
(in number)
      30,732,921        30,281,520        30,433,641        30,285,684  
    
 
 
     
 
 
     
 
 
     
 
 
  
Net loss per share attributable to common shareholder, basic and diluted
   
$
(0.27
) 
   
$
(0.42
) 
   
$
(1.03
) 
   
$
(1.32
) 
    
 
 
     
 
 
     
 
 
     
 
 
  
Presented in the table below is a reconciliation of the numerator and denominator for the basic and diluted earnings per share (“EPS”) calculations for the year ended:
 
(in ‘000)
   
December 31,
2020
    
December 31,
2019
  
Numerator:
                 
Net loss attributable to the Company
    $ (35,201 )    $ (23,443 ) 
Less dividends to preferred shareholder
      (26,899 )       (21,647 ) 
    
 
 
    
 
 
  
Net loss attributable to common shareholders
   
$
(62,100
) 
  
$
(45,090
)
Denominator:
                 
Weighted average common shares, basic and diluted (in number)
      31,650,173       31,169,435  
    
 
 
    
 
 
  
Net loss per share attributable to common shareholder, basic and diluted
   
$
(1.96
) 
  
$
(1.45
)
    
 
 
    
 
 
  
Summary Of Diluted Shares Outstanding
The following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive:
 
(number of shares)
  
September 30,
2021
 
  
September 30,
2020
 
Series C Convertible Preferred Stock
      —          2,566,186  
Stock Options
      —          432,500  
The following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive:
 
(number of shares)
   
December 31,
2020
     
December 31,
2019
  
Series C Convertible Preferred Stock
      2,566,186        2,566,186  
Stock Options
      432,500        399,151