Quarterly report pursuant to Section 13 or 15(d)

Net Loss per Common Share

v3.21.2
Net Loss per Common Share
9 Months Ended
Sep. 30, 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. The numerator and denominator used in the calculation of basic and diluted net loss per common share are as follows:
Three months ended
September 30,
Nine Months Ended
September 30,
(in thousands, except per share data) 2021 2020 2021 2020
Net loss $ (50,255) $ (42,130) $ (147,644) $ (94,606)
Weighted average common shares outstanding 128,443  122,357  128,084  115,738 
Net loss per common share (expressed in $ per share) $ (0.39) $ (0.34) $ (1.15) $ (0.82)
The Company did not include the securities in the following table in the computation of the net income per common share because the effect would have been anti-dilutive during each period:
Nine months ended
September 30,
(in thousands) 2021 2020
Stock options 12,837  11,443 
Unvested performance awards 857  — 
Unvested restricted units 201  — 
Warrants 1,012  1,690 
14,907  13,133