Net Income (Loss) Per Common Share (Tables)

3 Months Ended

Mar. 31, 2021

The following table summarizes the computation of basic and diluted net loss per common share.


	Three Months Ended March 31,
	2021		2020
Numerator:
Loss from continuing operations	$	(4,913)	$	(108,077)
Less: Preferred stock cumulative dividends and deemed dividends	(14,529)		(2,951)



Numerator for basic and diluted loss from continuing operations per common share (1)	(19,442)		(111,028)
Loss from discontinued operations, net of tax (Note 2)	—		(140,114)



Numerator for basic and diluted undistributed net loss per common share (1)	$	(19,442)	$	(251,142)

Denominator:
Weighted average common shares outstanding, basic and diluted	42,461		42,111
Weighted average warrants outstanding, basic and diluted (2)	211		—
Shares used to calculate income (loss) per share, basic and diluted	42,672		42,111


Per common share net loss:
Basic loss from continuing operations per common share	$	(0.46)	$	(2.64)
Basic loss from discontinued operations per common share	—		(3.32)
Basic net loss per common share	$	(0.46)	$	(5.96)
Diluted loss from continuing operations per common share	$	(0.46)	$	(2.64)
Diluted loss from discontinued operations per common share	—		(3.32)
Diluted net loss per common share	$	(0.46)	$	(5.96)
Cash dividends declared per common share	$	—	$	—

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(1) Preferred Stock does not participate in losses.

(2) The 2021 Warrants are included in shares outstanding for calculation of basic earnings per share because they are exercisable with little to no consideration (see Note 17).

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table presents securities that could be potentially dilutive in the future that were excluded from the calculation of diluted net loss per common share because they had an anti-dilutive effect.


	Three Months Ended March 31,
	2021	2020

Options	847	897
2019 Warrants	1,500	1,500
Preferred Stock, as-converted	—	26,275
	2,347	28,672