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Earnings Per Share Applicable to Common Stockholders
6 Months Ended
Jun. 30, 2020
Earnings Per Share Applicable to Common Stockholders  
5. Earnings Per Share Applicable to Common Stockholders

Note 5. Earnings Per Share Applicable to Common Stockholders

 

The following table sets forth the computations of earnings per share amounts applicable to common stockholders for the three and the six months ended June 30, 2020 and June 30, 2019:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

(In thousands, except per share data)

 

June 30, 2020

 

 

June 30, 2019

 

 

June 30, 2020

 

 

June 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$(3,711)

 

$(7,755)

 

$(9,613)

 

$(16,092)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted loss per common share

 

$(0.06)

 

$(0.14)

 

$(0.16)

 

$(0.29)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted weighted average common shares outstanding (1):

 

 

60,906

 

 

 

55,539

 

 

 

60,344

 

 

 

55,433

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Potentially dilutive securities (2):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Stock options

 

 

11,457

 

 

 

10,174

 

 

 

11,457

 

 

 

10,174

 

  Warrants

 

 

-

 

 

 

140

 

 

 

-

 

 

 

140

 

  Convertible notes

 

 

-

 

 

 

2,192

 

 

 

-

 

 

 

2,192

 

____________________________

(1) Includes approximately 0.2 million and 0.2 million nonvested restricted stock for the periods ending June 30, 2020and June 30, 2019, respectively, which are participating securities that feature voting and dividend rights.

(2) Excluded from the computation of loss per share as their impact is antidilutive.