Quarterly report pursuant to Section 13 or 15(d)

Net Loss per Common Share

v3.22.2.2
Net Loss per Common Share
9 Months Ended
Sep. 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
September 30,
Nine Months Ended
September 30,
(in thousands, except per share data) 2022 2021 2022 2021
Net loss $ (8,989) $ (50,255) $ (82,134) $ (147,644)
Weighted average common shares outstanding 141,856  128,443  141,831  128,084 
Net loss per common share (expressed in $ per share) $ (0.06) $ (0.39)
(0.58)
(1.15)
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:
Nine months ended
September 30,
(in thousands) 2022 2021
Stock options 14,299  12,837 
Unvested performance awards   857 
Unvested restricted units 2,098  201 
Warrants   1,012 
16,397  14,907