Loss Per Common Share (Tables)

3 Months Ended

Mar. 31, 2019

Schedule of Basic and Diluted Loss Per Common Share

The Company computes basic and diluted loss per share using a methodology that gives effect to the impact of outstanding participating securities (the “two-class method”). For the three months ended March 31, 2019 and 2018, there was dilution attributed to the weighted-average shares outstanding in the calculation of diluted loss per share.


	Three Months Ended March 31,
	2019			2018
	(In thousands, except share and per share data)
Numerator:
Net loss	$	(9,415	)	$	(14,833	)
Net loss attributable to Series A Preferred Stock (a)		(21	)		(463	)

Income attributable to common stockholders – basic and diluted	$	(9,394	)	$	(14,370	)

Denominator:
Weighted-average number of common shares used in loss per share – basic and diluted		80,484,113			27,670,118

Loss per share - basic and diluted	$	(0.12	)	$	(0.52	)

(a)	The Series A Preferred Stock participates in income and losses.

Schedule of Antidilutive Securitires Excluded from Computation of Earnings Per Share

The following potentially dilutive securities have been excluded from the computation of diluted weighted-average shares outstanding, as they would be anti-dilutive (in common stock equivalent shares):


	Three Months Ended March 31,
	2019		2018
Unvested restricted stock and options to purchase common stock		1,803,167		3,101,143
Series A Preferred Stock unconverted		177,996		622,987
Warrants exercisable into common stock		571,025		13,633,070