Quarterly report pursuant to Section 13 or 15(d)

Net Loss per Common Share

Net Loss per Common Share

3 Months Ended

Mar. 31, 2023

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 March 31,
(in thousands, except per share data)	2023		2022
Net loss	$	(26,206)	$	(37,630)
Weighted average common shares outstanding	142,641		141,675
Net loss per common share (expressed in $ per share)	$	(0.18)	$	(0.27)

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:


	Three months ended March 31,
(in thousands)	2023	2022
Stock options	12,678	14,649

Unvested restricted stock units	7,904	1,952
	20,582	16,601