Loss Per Common Share

3 Months Ended

Mar. 31, 2021

2. Loss Per Common Share

	Three Months Ended
	March 31,
	2021			2020
	(Dollars In Thousands, Except Per Share Amounts)
Numerator:
Net loss	$	(13,279	)	$	(19,452	)
Adjustments for basic net loss per common share:
Dividend requirements on Series E Redeemable Preferred		(9,511	)		(8,307	)
Dividend requirements on Series B Preferred		(60	)		(60	)
Dividend requirements on Series D Preferred		(15	)		(15	)
Accretion of Series E Redeemable Preferred		(511	)		(504	)
Numerator for basic and dilutive net loss per common share - net loss attributable to common stockholders	$	(23,376	)	$	(28,338	)

Denominator:
Denominator for basic and dilutive net loss per common share - adjusted weighted-average shares (1)		28,343,693			28,176,205

Basic and dilutive net loss per common share	$	(0.82	)	$	(1.01	)

(1)

Excludes the weighted-average shares of unvested restricted stock that are contingently issuable.

The following weighted-average shares of securities were not included in the computation of diluted net loss per common share as their effect would have been antidilutive:

	Three Months Ended
	March 31,
	2021		2020
Restricted stock and stock units		1,809,339		1,206,856
Convertible preferred stocks		916,666		916,666
Series E Redeemable Preferred - embedded derivative		303,646		303,646
Stock options		92,809		124,000
		3,122,460		2,551,168