Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.10.0.1
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Schedule of basic net loss and diluted net loss per share
Basic net loss and diluted net loss per share data were computed as follows (in thousands except per share data):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
Numerator:
 
 
 
 
 
 
 
Net (loss) for basic earnings per share
$
(8,519
)
 
$
(633
)
 
$
(16,608
)
 
$
(12,979
)
Change in fair value of warrant liability

 
2,790

 

 

Net (loss) for diluted earnings per share
$
(8,519
)
 
$
(3,423
)
 
$
(16,608
)
 
$
(12,979
)
Denominator:
 
 
 
 
 
 
 
Weighted-average basic common shares outstanding
27,370

 
21,577

 
27,156

 
20,059

Assumed conversion of dilutive securities:
 
 
 
 

 
 
Common stock purchase warrants

 
782

 

 

Potentially dilutive common shares

 
782

 

 

Denominator for diluted earnings per share – adjusted weighted-average shares
27,370

 
22,359

 
27,156

 
20,059

Basic net (loss) per share
$
(0.31
)
 
$
(0.03
)
 
$
(0.61
)
 
$
(0.65
)
Diluted net (loss) per share
$
(0.31
)
 
$
(0.15
)
 
$
(0.61
)
 
$
(0.65
)
Summary of anti-dilutive equivalent units outstanding excluded from earnings per share calculation
The following table summarizes equivalent units outstanding that were excluded from the earnings per share calculation because their effects were anti-dilutive (in thousands):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
Common stock purchase warrants
10,055

 
4,163

 
10,055

 
6,574

Stock options
3,041

 
2,816

 
3,041

 
2,816

Convertible note
3,349

 

 
3,349

 

Restricted shares of common stock
47

 
115

 
47

 
115

 
16,492

 
7,094

 
16,492

 
9,505