Loss Per Share

6 Months Ended

Jun. 30, 2020

The following table sets forth the computation of unaudited basic and diluted loss per share for the three and six months ended June 30, 2020 and 2019 (in thousands, except share and per share data):


	Three Months Ended June 30,						Six Months Ended June 30,
	2020		2019		2020		2019
	(Unaudited)						(Unaudited)

Numerator (both basic and diluted):
Loss from continuing operations	$	(39,725)	$	(19,315)	$	(176,154)	$	(34,102)
Loss from discontinued operations, net of tax	(4,873)		(8,462)		(13,325)		(21,151)
Net loss available to common stockholders	$	(44,598)	$	(27,777)	$	(189,479)	$	(55,253)
Denominator:
Denominator for basic and diluted earnings per share	24,957,478		27,203,635		24,935,693		27,028,041

Basic and diluted loss per common share from continuing operations:	$	(1.59)	$	(0.71)	$	(7.06)	$	(1.26)
Basic and diluted loss per common share from discontinued operations:	$	(0.20)	$	(0.31)	$	(0.53)	$	(0.78)
Basic and diluted loss per common share available to stockholders:	$	(1.79)	$	(1.02)	$	(7.59)	$	(2.04)

The Company has issued potentially dilutive instruments such as the Series A Preferred Stock, unvested restricted stock and common stock options. However, the Company did not include these instruments in its calculation of diluted per share information, because to include them would be anti-dilutive due to the net loss incurred during the periods presented.

The following table sets forth weighted average shares outstanding of potentially dilutive instruments for the three and six months ended June 30, 2020 and 2019:


	Three Months Ended June 30,			Six Months Ended June 30,
	2020	2019	2020	2019
	(Unaudited)			(Unaudited)
Stock options	226,640	511,558	226,640	511,558
Series A Preferred stock	118,805,000	—	73,763,544	—
Warrants	2,066,576	2,066,576	2,066,576	2,066,576
Weighted average unvested restricted stock	301,390	325,619	361,074	166,769
Total	121,399,606	2,903,753	76,417,834	2,744,903