Net Loss Per Common Share

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Net Loss Per Common Share

11. NET LOSS PER COMMON SHARE

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

	FOR THE THREE MONTHS ENDED JUNE 30,						FOR THE SIX MONTHS ENDED JUNE 30,
(in thousands except share and per share amounts)	2022			2021			2022			2021
Net loss	$	(17,583	)	$	(11,127	)	$	(32,081	)	$	(24,402	)
Weighted average number of common shares    outstanding, basic and diluted		30,588,931			22,559,706			30,453,913			22,309,203
Net loss per common share, basic and diluted	$	(0.57	)	$	(0.49	)	$	(1.05	)	$	(1.09	)

The weighted average number of common shares outstanding diluted for the three and six months ended June 30, 2022 excludes approximately 4.3 million stock options and unvested restricted share awards/units, which were not dilutive and not included in the computation of net loss per common share. The weighted average number of common shares outstanding diluted for the three and six months ended June 30, 2021 excludes approximately 2.4 million unvested restricted share awards/units which were not dilutive and not included in the computation of net loss per common share.