Loss Per Share

3 Months Ended

Mar. 31, 2022

The table below summarizes the Company's basic and diluted loss per share calculations (in thousands, except share and per share amounts):


	Three Months Ended March 31,
	2022		2021
Net loss	$	(22,060)	$	(9,688)

Weighted average shares outstanding
Basic	81,201,453		59,901,306
Diluted	81,201,453		59,901,306

Basic loss per common share	$	(0.27)	$	(0.16)
Diluted loss per common share	$	(0.27)	$	(0.16)

Basic and diluted net loss per share is computed by dividing the net loss for the period by the weighted average number of common shares outstanding during the period.

Due to the Company's net loss during the three months ended March 31, 2022 and 2021, there was no dilutive effect of common stock equivalents because the effects of such would have been anti-dilutive. The following table summarizes the shares excluded from the weighted average number of shares of common stock outstanding, as the impact would be anti-dilutive (in thousands):


	March 31,
	2022	2021
Warrants	94,259	37,500
Restricted stock units	1,152	149
Total	95,411	37,649