Annual report pursuant to Section 13 and 15(d)

Net Loss Per Common Share

Net Loss Per Common Share

12 Months Ended

Dec. 31, 2021

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 amounts per Common Share are as follows:


	2021		2020		2019
Net loss for the year	$	(180,966)	$	(102,680)	$	(88,385)

Weighted average number of common shares outstanding	129,369		118,473		93,024

Net loss per Common Share (expressed in $ per share)	$	(1.40)	$	(0.87)	$	(0.95)

The Company did not include the securities in the following table in the computation of the net loss per common share because the effect would have been anti-dilutive during each period:


	2021	2020	2019
Outstanding stock options	12,074	14,047	7,822
Unvested performance awards	64	—	—
Unvested restricted units	191	—	—
Warrants	—	1,690	1,691
	12,329	15,737	9,513