Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share (Tables)

Net Loss Per Share (Tables)

3 Months Ended

Mar. 31, 2021

Schedule of the Computation of Basic and Diluted Net Loss Per Share of Common Stock

The following table sets forth the computation of basic and diluted net (loss) income per share of common stock and preferred stock for the three months ended March 31, 2021 and 2020 (in thousands, except share and per share amounts):


	Three Months Ended
	March 31, 2021
	Common stock				Preferred stock
	Continuing Operations		Discontinued Operations		Continuing Operations		Discontinued Operations
Numerator:
Allocation of undistributed net loss	$	(28,548)	$	(99)	$	(2,026)	$	(7)
Denominator:
Weighted average shares	88,576,559		88,576,559		1,257,143		1,257,143
Basic and diluted net loss per share	$	(0.32)	$	(0.00)	$	(1.61)	$	(0.01)


	Three Months Ended
	March 31, 2020
	Common stock				Preferred stock
	Continuing Operations		Discontinued Operations		Continuing Operations		Discontinued Operations
Numerator:
Allocation of undistributed net loss	$	(19,205)	$	900	$	(2,950)	$	138
Denominator:
Weighted average shares	53,934,760		53,934,760		1,657,143		1,657,143
Basic and diluted net loss per share	$	(0.36)	$	0.02	$	(1.78)	$	0.08

Schedule of Anti-dilutive Securities Excluded From Computation of Diluted Weighted Shares Outstanding

The following outstanding securities have been excluded from the computation of diluted weighted shares outstanding for the three months ended March 31, 2021 and 2020, as they could have been anti-dilutive:


	Three Months Ended
	March 31,
	2021	2020
Stock options	12,944,891	7,712,680
Warrants on common stock1	4,002,380	4,024,708
Restricted Stock Units	155,833	267,500
Underwriters’ unit purchase option	—	40,000

1 The above table excludes 1,676,923 pre-funded warrants. See the “Q1 2021 Financing” in Note 9 for more information.