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Net loss per share

6 Months Ended

Jun. 30, 2020

Basic earnings per share is computed by dividing net loss by the weighted-average number of common shares outstanding. Diluted earnings per share is computed by dividing net loss by the weighted-average number of common shares plus the effect of any dilutive potential common shares outstanding during the period.

The following tables set forth the computation of basic and diluted net loss per share:


	Three Months Ended June 30,									Six Months Ended June 30,
	2020			2019			2020			2019
Numerator
Net loss	$	(181,427)		$	(41,789)		$	(294,114)		$	(113,902)
Denominator
Denominator for basic and diluted net loss per share	65,150,780			55,912,748			63,769,958			57,113,141
Net loss per share:
Basic and diluted	$	(2.78)	*	$	(0.75)	*	$	(4.61)	*	$	(1.99)	*

*In the three and six months ended June 30, 2020 and 2019, the Company experienced a net loss and therefore did not report any dilutive share impact.

The following table shows historical dilutive common share equivalents outstanding, which are not included in the above historical calculation, as the effect of their inclusion is anti-dilutive during each period.


	As of June 30,
	2020	2019
Stock Options	11,954,684	10,853,301
Unvested restricted stock awards and units	936,922	665,002
Total	12,891,606	11,518,303