Quarterly report pursuant to Section 13 or 15(d)

Net Loss per Common Share

v3.21.1
Net Loss per Common Share
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Net Loss per Common Share Net Loss per Common Share
Basic and diluted net loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding. Common shares that could potentially dilute basic net loss per common share in the future that could be issued from the exercise of stock options and warrants were not included in the computation of the diluted loss per common share for the three-month periods ended March 31, 2021 and March 31, 2020 because to do so would be anti-dilutive. The numerator and denominator used in the calculation of basic and diluted net loss per common share are as follows:
Three months ended
March 31,
(in thousands, except per share data) 2021 2020
Net loss $ (50,379) $ (25,932)
Weighted average common shares outstanding 127,401  112,209 
Net loss per common share (expressed in $ per share) $ (0.40) $ (0.23)
The outstanding number and type of securities in the following table would potentially dilute basic loss per common share in the future and therefore, were not included in the computation of diluted loss per share, because to do so would have reduced the loss per common share (anti-dilutive).
Three months ended
March 31,
(in thousands) 2021 2020
Stock options 14,771  9,685 
Warrants 1,014  1,690 
15,785  11,375