Net Loss Per Common Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Reconciliation of Basic and Diluted Net Loss Per Common Share

The reconciliation of basic and diluted net loss per common share for the three and six months ended June 30, 2024 and 2023 was as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023
Net loss
Basic and diluted	$	(67,586	)	$	(98,306	)	$	(84,289	)	$	(128,884	)
Net loss per common share
Basic	$	(1.01	)	$	(1.48	)	$	(1.26	)	$	(1.94	)
Diluted	$	(1.01	)	$	(1.48	)	$	(1.26	)	$	(1.94	)
Weighted average number of common shares outstanding:
Basic (a)		66,816,843			66,425,479			66,729,416			66,342,807
Diluted		66,816,843			66,425,479			66,729,416			66,342,807

(a)For the three and six months ended June 30, 2024, the weighted average number of common shares outstanding excludes 21,054 restricted shares which have been granted, but have not vested as of June 30, 2024 (2023 – 54,227 restricted shares).

Anti-Dilutive Instruments Excluded from Calculation of Net Loss Per Common Share

Instruments excluded from the calculation of net loss per common share because they were anti-dilutive for the three and six months ended June 30, 2024 and 2023 were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
PSUs		4,828,019		3,779,306		4,828,019		3,779,306
Restricted shares		21,054		54,227		21,054		54,227
Equity DSUs		93,760		39,369		93,760		39,369