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Net Loss Per Share (Tables)
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss Per Share

 

 

Year Ended

 

 

 

December 31,

 

 

 

2020

 

 

2019

 

 

2018

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(75,240

)

 

$

(152,600

)

 

$

(158,899

)

Preferred stock deemed dividend

 

 

-

 

 

 

(3,267

)

 

 

-

 

Net loss allocable to common stockholders, basic

 

 

(75,240

)

 

 

(155,867

)

 

 

(158,899

)

Removal of change in fair value of warrant liability

 

 

(4,124

)

 

 

-

 

 

 

-

 

Net loss allocable to common stockholders, diluted

 

$

(79,364

)

 

$

(155,867

)

 

$

(158,899

)

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares used to compute net loss allocable to

common stockholders per share, basic

 

 

100,753

 

 

 

72,024

 

 

 

62,362

 

Effect of dilutive warrants

 

 

751

 

 

 

-

 

 

 

-

 

Weighted average shares used to compute net loss allocable to

common stockholders per share, diluted

 

 

101,504

 

 

 

72,024

 

 

 

62,362

 

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

 

 

December 31,

 

 

 

2020

 

 

2019

 

 

2018

 

Outstanding securities not included in diluted net loss per

   share calculation (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

Stock options and stock awards

 

 

10,299

 

 

 

9,789

 

 

 

7,344

 

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

 

 

4,140

 

 

 

4,840

 

 

 

-

 

Warrants (as exercisable into common stock)

 

 

-

 

 

 

5,841

 

 

 

-