Annual report pursuant to Section 13 and 15(d)

Net Loss Per Common Share

Net Loss Per Common Share

12 Months Ended

Dec. 31, 2022

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:


	2022		2021		2020
Net loss for the year	$	(108,180)	$	(180,966)	$	(102,680)
Weighted average number of common shares outstanding	141,915		129,369		118,473
Net loss per common share (expressed in $ per share)	$	(0.76)	$	(1.40)	$	(0.87)

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:


	2022	2021	2020
Outstanding stock options	13,295	12,074	14,047
Unvested performance awards	—	64	—
Unvested restricted units	1,980	191	—
Warrants	—	—	1,690
	15,275	12,329	15,737