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Net Loss Per Share
9 Months Ended
Sep. 30, 2018
Net Loss Per Share  
Net Loss Per Share

Note 7 — Net Loss Per Share

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

Nine months ended

 

 

September 30, 

 

September 30, 

 

    

2018

    

2017

    

2018

    

2017

Weighted average common shares outstanding:

 

 

  

 

 

  

 

 

  

 

 

  

Basic

 

 

106,639

 

 

103,870

 

 

106,476

 

 

99,124

Dilutive unvested stock, convertible preferred stock and common stock warrants

 

 

 —

 

 

 —

 

 

 —

 

 

 —

Diluted

 

 

106,639

 

 

103,870

 

 

106,476

 

 

99,124

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted net loss per common share

 

$

(0.10)

 

$

(0.14)

 

$

(0.29)

 

$

(0.19)

 

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

 

Nine months ended

 

 

September 30, 

 

September 30, 

 

    

2018

    

2017

    

2018

    

2017

Unvested stock (1)

 

 

513

 

 

 —

 

 

483

 

 

 —

Convertible preferred stock

 

 

3,322

 

 

 —

 

 

1,119

 

 

 —

Common stock warrants

 

 

12,507

 

 

12,059

 

 

12,225

 

 

12,059

Total dilutive common shares

 

 

16,342

 

 

12,059

 

 

13,827

 

 

12,059


(1)

Does not include 16.3 million shares for the three and nine months ended September 30, 2018, respectively, of unvested stock because the performance conditions had not yet been satisfied.