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Net Loss Per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

 

 

December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

Basic and diluted net loss per share (in thousands, except per

   share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(152,600

)

 

$

(158,899

)

 

$

(95,154

)

Preferred stock deemed dividend

 

 

(3,267

)

 

 

-

 

 

 

-

 

Net loss allocable to common stockholders

 

$

(155,867

)

 

$

(158,899

)

 

$

(95,154

)

Denominator for basic and diluted net loss per share allocable to

   common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

72,024

 

 

 

62,362

 

 

 

52,613

 

Basic and diluted net loss per share allocable to common stockholders

 

$

(2.16

)

 

$

(2.55

)

 

$

(1.81

)

Outstanding Stock Options and Stock Awards Excluded from Calculation of Net Loss Per Share

 

 

December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

Outstanding securities not included in diluted net loss per

   share calculation (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

Stock options and stock awards

 

 

9,789

 

 

 

7,344

 

 

 

5,981

 

Series B Convertible Preferred Stock (as converted to common stock)

 

 

4,840

 

 

 

-

 

 

 

-

 

Warrants

 

 

5,841

 

 

 

-

 

 

 

-