Net Loss Per Share

12 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Net Loss Per Share

15. Net Loss per Share

The Company computes net loss per share in accordance with ASC 260-10, Earnings per Share (see Note 2, Significant Accounting Policies – Income (Loss) per Share).  

The denominators used in the net loss per share computations are as follows:

	Year Ended December 31,
	2018		2017		2016
Basic:
Weighted average shares outstanding		35,892,786		31,202,842		27,279,008
Diluted:
Weighted average shares outstanding - Basic		35,892,786		31,202,842		27,279,008
Common stock options *		—		—		—
Denominator for diluted net loss per share		35,892,786		31,202,842		27,279,008

* No amounts were considered as their effects would be anti-dilutive.

Basic and diluted net loss per share are computed as follows:

	Year Ended December 31,
	2018			2017			2016
Net loss	$	(74,013	)	$	(58,125	)	$	(57,280	)
Weighted-average common shares outstanding:
Basic and Diluted		35,892,786			31,202,842			27,279,008
Net loss per share:
Basic and Diluted	$	(2.06	)	$	(1.86	)	$	(2.10	)

As of December 31, 2018, 2017 and 2016, 4,004,422, 3,492,141 and 2,548,408 stock options, respectively, were outstanding, which could potentially dilute basic earnings per share in the future, but were not included in the computation of diluted net loss per share because to do so would have been anti-dilutive.