Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share (Tables)

v3.21.1
Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Loss Per Share
The following table sets forth the computation of basic and diluted loss per share:
Three Months Ended March 31,
(in thousands, except share and per share data) 2021 2020
Numerator (both basic and diluted):
Loss from continuing operations $ (33,475) $ (136,429)
Loss from discontinued operations, net of tax (3,797) (8,452)
Net loss available to common stockholders $ (37,272) $ (144,881)
Denominator:
Weighted-average shares used for basic and diluted earnings per share (a) 24,900  24,914 
Loss from continuing operations per share, basic and diluted: $ (1.35) $ (5.48)
Loss from discontinued operations per share, basic and diluted: (0.15) (0.34)
Net loss per share, basic and diluted: $ (1.50) $ (5.82)
(a) The Company has issued potentially dilutive instruments. However, the Company did not include these instruments in its calculation of diluted loss per share, because to include them would be anti-dilutive.
Schedule of Potentially Dilutive Instruments
The following table sets forth weighted average shares outstanding of potentially dilutive instruments:
Three Months Ended March 31,
(in thousands) 2021 2020
Series A Preferred stock 118,805  28,722 
Warrants 2,067  2,067 
Unvested restricted stock units 159  420 
Stock options 194  227 
  Total 121,225  31,436