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Earnings Per Common Share ("EPS") (Tables)
9 Months Ended
Sep. 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

September 30,

 

 

Nine Months Ended

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

EPS — basic and diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss (numerator)

 

$

(4,426

)

 

$

(11,255

)

 

$

(52,865

)

 

$

(30,829

)

Weighted average common shares (denominator)

 

 

249,910

 

 

 

229,668

 

 

 

248,624

 

 

 

218,559

 

Net loss per share

 

$

(0.02

)

 

$

(0.05

)

 

$

(0.21

)

 

$

(0.14

)

Potential Dilutive Securities Outstanding that are Considered Antidilutive

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

 

 

 

Nine Months Ended

September 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

 

 

10,910,655

 

 

 

12,689,522

 

RSUs and Market RSUs (1)

 

 

7,564,632

 

 

 

8,897,020

 

Employee stock purchase plan

 

 

84,544

 

 

 

107,003

 

2024 convertible notes

 

 

 

 

 

1,666,667

 

Common stock warrants

 

 

 

 

 

31,856

 

Total shares

 

 

71,333,761

 

 

 

38,563,682

 

____________________

(1)

Market RSUs are included at the maximum share delivery percentage.