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Equity Securities
9 Months Ended
Sep. 30, 2019
Stockholders Equity Note [Abstract]  
Equity Securities

6. Equity Securities

 

 

        Increase in Authorized Shares of Common Stock

 

        On June 4, 2019, our shareholders approved an amendment to our restated articles of incorporation increasing our authorized no par value shares of common stock from 200 million to 300 million shares.

Potentially Dilutive Common Stock Equivalents

As of September 30, 2019 and 2018, we excluded the potentially dilutive securities summarized below, which entitle the holders thereof to potentially acquire shares of common stock, from our calculations of net loss per share and weighted average common shares outstanding, as their effect would have been anti-dilutive (in thousands).

 

 

 

September 30,

 

 

 

2019

 

 

2018

 

Common stock warrants issued to underwriter of initial public offering

 

 

802

 

 

 

802

 

Common stock warrants issued in connection with March 2017 rights offering

 

 

13,647

 

 

 

13,647

 

Common stock warrants issued in connection with February 2019 rights offering

 

 

47,812

 

 

 

 

Common stock options

 

 

8,680

 

 

 

7,581

 

Restricted stock units

 

 

488

 

 

 

47

 

Employee stock purchase plan

 

 

456

 

 

 

191

 

 

 

 

71,885

 

 

 

22,268