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Earnings Per Common Share ("EPS") (Tables)
6 Months Ended
Jun. 30, 2021
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):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

EPS — basic and diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss (numerator)

 

$

(35,523

)

 

$

(10,252

)

 

$

(48,439

)

 

$

(19,574

)

Weighted average common shares (denominator)

 

 

249,295

 

 

 

213,880

 

 

 

247,970

 

 

 

212,943

 

Net loss per share

 

$

(0.14

)

 

$

(0.05

)

 

$

(0.20

)

 

$

(0.09

)

Potential Dilutive Securities Outstanding that are Considered Antidilutive

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

 

 

Six Months Ended June 30,

 

 

 

2021

 

 

2020

 

Senior convertible notes

 

 

44,120,463

 

 

 

 

Mann Group convertible notes

 

 

7,370,000

 

 

 

14,000,000

 

Warrants associated with MidCap credit facility

 

 

1,283,467

 

 

 

1,171,614

 

Common stock options and PNQs

 

 

11,092,080

 

 

 

13,197,927

 

RSUs and Market RSUs (1)

 

 

7,986,898

 

 

 

2,501,713

 

Employee stock purchase plan

 

 

250,000

 

 

 

276,154

 

2024 convertible notes

 

 

 

 

 

1,666,667

 

Common stock warrants

 

 

 

 

 

31,851

 

Total shares

 

 

72,102,908

 

 

 

32,845,926

 

____________________

(1)

Market RSUs are included at the maximum share delivery percentage.