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Net Loss per Share
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Net Loss Per Share

12. Net Loss Per Share

Basic net loss per share is calculated by dividing the net loss by the weighted average number of shares of common stock outstanding for the period, without consideration of the dilutive effect of potential common stock equivalents. Diluted net loss per share gives effect to all dilutive potential shares of common stock outstanding during this period. For all periods presented, the Company’s potential common stock equivalents, which included stock options, restricted stock units and stock purchase warrants, have been excluded from the computation of diluted net loss per share as their inclusion would have the effect of reducing the net loss per share. Therefore, the denominator used to calculate both basic and diluted net loss per share is the same in all periods presented. The Company’s potential common stock equivalents that have been excluded from the computation of diluted net loss per share for all periods presented because of their antidilutive effect consisted of the following:

 

 

 

Three Months Ended
March 31,

 

 

 

2021

 

 

2020

 

Outstanding stock options

 

 

5,816,856

 

 

 

4,998,105

 

Non-vested restricted stock units

 

 

1,504,861

 

 

 

1,648,600

 

Stock purchase warrants

 

 

29,796

 

 

 

29,796

 

 

 

 

7,351,513

 

 

 

6,676,501