Earnings per Common Share (Tables)

12 Months Ended

Dec. 31, 2020

Reconciliation of Numerators and Denominators of Basic and Diluted Earnings Per Common Share Computations

The following is a reconciliation of the numerators and denominators of the basic and diluted earnings per common share computations for the years ended December 31, 2020, 2019 and 2018.


	December 31,
	2020		2019		2018
Basic:
Net income (loss)	$	25,711	$	(15,305)	$	(33,867)
Less deemed dividend related to beneficial conversion feature on Series B Preferred Stock	—		—		(12,500)
Net income (loss) attributable to common stockholders, basic	$	25,711	$	(15,305)	$	(46,367)
Weighted average common shares outstanding	99,830,520		83,213,704		63,165,063
Basic income (loss) per common share	$	0.26	$	(0.18)	$	(0.73)


	December 31,
	2020		2019		2018
Diluted:
Effect of dilutive securities:
Net income (loss) attributable to common stockholders, diluted	$	25,711	$	(15,305)	$	(46,367)
Weighted average common shares outstanding	99,830,520		83,213,704		63,165,063
Effect of dilutive options and warrants	5,232,002		—		—
Diluted weighted average common shares outstanding	105,062,522		83,213,704		63,165,063
Diluted income (loss) per common share	$	0.24	$	(0.18)	$	(0.73)

Schedule of Total Outstanding Options, RSUs and Warrants

The following is the total outstanding options, RSUs and warrants for the years ended December 31, 2020, 2019 and 2018, respectively.


	2020	2019	2018
Options, RSUs, warrants and convertible preferred stock to purchase Common Stock	12,598,857	11,375,323	10,739,378