Quarterly report pursuant to Section 13 or 15(d)

Net Loss per Common Share

v3.22.2
Net Loss per Common Share
6 Months Ended
Jun. 30, 2022
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. Since the Company was in a loss position for all periods presented, diluted net loss per share is the same as basic net loss per share. The numerator and denominator used in the calculation of basic and diluted net loss per common share are as follows:
Three months ended
June 30,
Six Months Ended
June 30,
(in thousands, except per share data) 2022 2021 2022 2021
Net loss $ (35,515) $ (47,010) $ (73,145) $ (97,389)
Weighted average common shares outstanding 141,726  128,222  141,734  127,814 
Net loss per common share (expressed in $ per share) $ (0.25) $ (0.37)
(0.52)
(0.76)
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:
Six months ended
June 30,
(in thousands) 2022 2021
Stock options 14,355  14,339 
Unvested performance awards   439 
Unvested restricted units 2,008  — 
Warrants   1,014 
16,363  15,792