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Earnings Per Common Share ("EPS") | 12 Months Ended
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Dec. 31, 2019
Earnings Per Share [Abstract] |
Earnings Per Common Share ("EPS") | 11. Earnings per Common Share (“EPS”) Basic EPS excludes dilution for potentially dilutive securities and is computed by dividing net income (loss) by the weighted average number of common shares outstanding during the period. Diluted EPS reflects the potential dilution under the treasury method that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. For periods where the Company has presented a net loss, potentially dilutive securities are excluded from the computation of diluted EPS as they would be antidilutive. The following tables summarize the components of the basic and diluted EPS computations (in thousands, except per share amounts):
|  | Year Ended December 31, |
|  | 2019 |  |  | 2018 |
EPS — basic and diluted: |  |  |  |  |  |  |  |
Net loss (numerator) |  | $ | (51,903 | ) |  | $ | (86,975 | )
Weighted average common shares (denominator) |  |  | 195,584 |  |  |  | 144,136 |
Net loss per share |  | $ | (0.27 | ) |  | $ | (0.60 | )
Common shares issuable represents incremental shares of common stock which consist of stock options, restricted stock units, warrants, and shares that could be issued upon conversion of the senior convertible notes and the Mann Group promissory notes. Potentially dilutive securities outstanding that are considered antidilutive are summarized as follows (in shares):
|  | Year Ended December 31, |
|  | 2019 |  |  | 2018 |
Exercise of common stock options |  |  | 14,135,681 |  |  |  | 10,976,118 |
Conversion of convertible notes payable to former related party into common stock |  |  | 14,000,000 |  |  |  | 21,909,541 |
Exercise of warrants associated with public offering |  |  | 7,250,000 |  |  |  | 26,666,667 |
Exercise of warrants associated with Midcap Credit Facility |  |  | 1,171,614 |  |  |  | — |
Conversion of convertible notes into common stock |  |  | 1,666,667 |  |  |  | 3,629,627 |
Vesting of restricted stock units |  |  | 1,057,047 |  |  |  | 691,266 |
Employee stock purchase plan |  |  | 369,979 |  |  |  | 307,395 |
Exercise of common stock warrants |  |  | 31,851 |  |  |  | 31,851 |
Exercise of warrants associated with direct placement |  |  | — |  |  |  | 14,000,000 |
Total |  |  | 39,682,839 |  |  |  | 78,212,465 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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