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Net Loss Per Common Share (Tables)
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Basic and Diluted Loss per Common Share

Basic and diluted loss per common share were calculated as follows:

 

 

For the Three Months Ended March 31,

 

 

2021

 

 

2020

 

Net loss

$

(40,964,291

)

 

$

(21,739,171

)

Weighted average number of common shares

   outstanding, basic and diluted (1)

 

48,621,663

 

 

 

38,548,483

 

Net loss attributed to Arvinas common shareholders - basic and diluted

$

(0.84

)

 

$

(0.56

)

 

 

(1)

The weighted-average number of common shares outstanding-diluted excludes approximately 5.0 million and 4.9 million stock options and contingently issuable restricted stock units, which were not dilutive and not included in the computation of loss per share for the three months ended March 31, 2021 and 2020, respectively.