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Earnings Per Common Share ("EPS") (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Components of Basic and Diluted EPS Computations

The following tables summarize the components of the basic and diluted EPS computations (in thousands, except per share amounts):

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

EPS — basic and diluted:

 

 

 

 

 

 

 

 

Net loss (numerator)

 

$

(51,903

)

 

$

(86,975

)

Weighted average common shares (denominator)

 

 

195,584

 

 

 

144,136

 

Net loss per share

 

$

(0.27

)

 

$

(0.60

)

Potential Dilutive Securities Outstanding that are Considered Antidilutive

Potentially dilutive securities outstanding that are considered antidilutive are summarized as follows (in shares):

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

Exercise of common stock options

 

 

14,135,681

 

 

 

10,976,118

 

Conversion of convertible notes payable to former related

   party into common stock

 

 

14,000,000

 

 

 

21,909,541

 

Exercise of warrants associated with public offering

 

 

7,250,000

 

 

 

26,666,667

 

Exercise of warrants associated with Midcap Credit Facility

 

 

1,171,614

 

 

 

 

Conversion of convertible notes into common stock

 

 

1,666,667

 

 

 

3,629,627

 

Vesting of restricted stock units

 

 

1,057,047

 

 

 

691,266

 

Employee stock purchase plan

 

 

369,979

 

 

 

307,395

 

Exercise of common stock warrants

 

 

31,851

 

 

 

31,851

 

Exercise of warrants associated with direct placement

 

 

 

 

 

14,000,000

 

Total

 

 

39,682,839

 

 

 

78,212,465