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Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Net Loss Per Share  
Schedule of basic and diluted weighted average common shares outstanding

The following table (in thousands, except for loss per share) reconciles basic and diluted weighted average common shares outstanding for the three and six months ended June 30, 2018 and 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

Six months ended

 

 

June 30, 

 

June 30, 

 

    

2018

    

2017

    

2018

    

2017

Weighted average common shares outstanding:

 

 

  

 

 

  

 

 

  

 

 

  

Basic

 

 

106,398

 

 

97,723

 

 

106,393

 

 

96,712

Dilutive unvested common stock and common stock warrants

 

 

 —

 

 

 —

 

 

 —

 

 

 —

Diluted

 

 

106,398

 

 

97,723

 

 

106,393

 

 

96,712

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted net loss per share

 

$

(0.03)

 

$

(0.03)

 

$

(0.18)

 

$

(0.05)

 

Schedule of antidilutive securities excluded from computation of earnings per share

Potentially dilutive securities not included in the diluted net loss per share computations because their effect would have been anti-dilutive were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

Six months ended

 

 

June 30, 

 

June 30, 

 

    

2018

    

2017

    

2018

    

2017

Unvested stock (1)

 

 

417

 

 

 —

 

 

396

 

 

 —

Common stock warrants

 

 

12,082

 

 

12,059

 

 

12,082

 

 

12,059

Total dilutive common shares

 

 

12,499

 

 

12,059

 

 

12,478

 

 

12,059


(1)

Does not include 16.4 million shares for the three and six months ended June 30, 2018, respectively, of unvested stock because the performance conditions had not yet been satisfied.