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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share for the years ended December 31, 2021 and 2020:

 

(In thousands, except per share data)

 

Year ended December 31,         2021

 

 

Year ended December 31,         2020

 

Basic and diluted

 

 

 

 

 

 

 

 

Net loss

 

$

(103,954

)

 

$

(99,594

)

Weighted average common shares outstanding used in

   computing net loss per share—basic

 

 

10,621

 

 

 

8,084

 

Plus: net effect of dilutive stock options and unvested

   restricted common shares

 

 

 

 

 

 

Weighted average common shares outstanding used in

   computing net loss per share—diluted

 

 

10,621

 

 

 

8,084

 

Net loss per share—basic

 

$

(9.79

)

 

$

(12.32

)

Net loss per share—diluted

 

$

(9.79

)

 

$

(12.32

)

Schedule of Anti-dilutive Securities Excluded from Calculation of Net Income per Diluted Share

The following amounts were not included in the calculation of net income per diluted share because their effects were anti-dilutive:

 

(In thousands)

 

Year ended December 31,         2021

 

 

Year ended December 31,         2020

 

Denominator

 

 

 

 

 

 

 

 

Stock options and restricted common shares

 

 

1,199

 

 

 

1,356