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Note 19 - Loss Per Share
 9 Months Ended
Sep. 30, 2022
Notes to Financial Statements  
Earnings Per Share [Text Block]

19.

Loss per share

 

Basic loss per share attributable to Company stockholders is calculated by dividing net loss attributable to the Company by the weighted-average number of common shares outstanding for the period. Diluted loss per share attributable to Company stockholders is computed giving effect to all potential dilutive common stock, unless there is a net loss for the period. We apply the treasury stock method to determine the dilutive weighted average common shares represented by unvested restricted stock units, stock options and Employee Stock Purchase Program (“ESPP”) shares.

 

The calculation of basic and diluted loss per share attributable to Company stockholders for the three and nine months ended September 30, 2022 and 2021, respectively, are as follows (in thousands, except shares outstanding and per share amounts):

 

  

Three Months Ended September 30,

  

Nine Months Ended September 30,

 
  

2022

  

2021

  

2022

  

2021

 

Net loss

 $(17,594) $(11,913) $(33,076) $(40,686)

Basic and diluted weighted average number of shares outstanding

  108,708,651   70,889,753   109,183,863   70,889,753 

Total basic and diluted loss per share

 $(0.16) $(0.17) $(0.30) $(0.57)

 

Approximately 0.1 million and 0.3 million shares of unvested restricted stock units and stock to be issued pursuant to the ESPP have been excluded from the computation of diluted loss per share as the effect would be anti-dilutive for the three and nine months ended September 30, 2022, respectively.

 

Additionally, since the conditions upon which shares were issuable for our outstanding warrants and stock options were not satisfied as of September 30, 2021, assuming the balance sheet date is the end of the contingency period. Accordingly, they have not been included in determining the number of anti-dilutive shares.