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Earnings (Loss) Per Share | 9 Months Ended | 12 Months Ended
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Sep. 30, 2020 | Dec. 31, 2019
Earnings Per Share [Abstract] |  |
Earnings (Loss) Per Share | Note 11. Earnings (Loss) Per Share Founders’ Preferred Stock, Series A Convertible Preferred Stock, Series X Convertible Preferred Stock, and unvested Restricted Stock Awards (“RSAs”) are participating securities in periods of income, as the Founders’ Preferred Stock, Series A Convertible Preferred Stock, Series X Convertible Preferred Stock, and unvested RSAs participate in undistributed earnings on an as-if-converted or as-vested basis. However, the Founders’ Preferred Stock, Convertible Preferred Stock, and unvested RSAs do not share in losses. The Company computes earnings per share of common stock using the two-class method required for participating securities and does not apply the two-class method in periods of net loss. Basic and diluted earnings per share was the same for each period presented as the inclusion of all potential common stock outstanding would have been anti-dilutive. The following table sets forth the computation of basic and diluted loss for the nine months (in thousands, except for share and per share amounts):
|  | Nine Months ended September 30, |
|  | 2020 |  |  | 2019 |
Numerator: |  |  |  |  |  |  |  |
Net loss |  | $ | (72,227 | ) |  | $ | (76,774 | )
Deemed dividend attributable to BCF |  |  | (6,247 | ) |  |  | (5,282 | )
Net loss attributable to common shareholders |  | $ | (78,474 | ) |  | $ | (82,056 | )
Denominator: |  |  |  |  |  |  |  |
Weighted average Common shares outstanding- Basic |  |  | 9,510,996 |  |  |  | 8,676,669 |
Dilutive effect of potential common shares |  |  | — |  |  |  | — |
Weighted average Common shares outstanding- Diluted |  |  | 9,510,996 |  |  |  | 8,676,669 |
Net loss per shares attributable to Common shareholders-Basic and Diluted |  | $ | (8.25 | ) |  | $ | (9.46 | )
The following table presents the potential common shares outstanding that were excluded from the computation of diluted net loss per share of common stock for the periods presented because including them would have been antidilutive:
|  | Nine Months ended September 30, |
|  | 2020 |  |  | 2019 |
Warrants |  |  | 444,023 |  |  |  | 71,281 |
Stock options |  |  | 1,199,974 |  |  |  | 148,988 |
Restricted Stock |  |  | 161,549 |  |  |  | 542,610 |
Series A Convertible Preferred Stock |  |  | 6,956,100 |  |  |  | 6,956,100 |
Series X Convertible Preferred Stock |  |  | 1,251,971 |  |  |  | — |
Founders Preferred Stock |  |  | 1,922,600 |  |  |  | 1,922,600 |
Total |  |  | 11,936,217 |  |  |  | 9,641,579 |
| Note 14. Earnings (Loss) Per Share Founders Preferred Stock, Series A Convertible Preferred Stock, and unvested Restricted Stock Awards (“RSA”) are participating securities in periods of income, as the Founders Preferred Stock, Series A Convertible Preferred Stock, and unvested RSAs participate in undistributed earnings on an as-if-converted or as-vested basis. However, the Founders Preferred Stock, Series A Convertible Preferred Stock, and unvested RSAs do not share in losses. The Company computes earnings per share of Common Stock using the two-class method required for participating securities and does not apply the two-class method in periods of net loss. Basic and diluted earnings per share was the same for each year presented as the inclusion of all potential Common Stock outstanding would have been anti-dilutive. The following table sets forth the computation of basic and diluted loss (in thousands, except for share and per share amounts):
|  | As of December 31, |
|  | 2019 |  |  | 2018 |
Numerator: |  |  |  |  |  |  |  |
Net loss |  | $ | (94,718 | ) |  | $ | (79,550 | )
Deemed dividend attributable to BCF accretion |  |  | (5,282 | ) |  |  | — |
Net loss attributable to common shareholders |  |  | (100,000 | ) |  |  | (79,550 | )
Denominator: |  |  |  |  |  |  |  |
Weighted average Common shares outstanding- Basic |  |  | 8,718,104 |  |  |  | 6,631,873 |
Dilutive effect of potential common shares |  |  | — |  |  |  | — |
Weighted average Common shares outstanding- Diluted |  |  | 8,718,104 |  |  |  | 6,631,873 |
Net loss per shares attributable to Common shareholders- Basic and Diluted |  | $ | (11.47 | ) |  | $ | (12.00 | )
The following table presents the potential shares of Common Stock outstanding that were excluded from the computation of diluted net loss per share of common stock as of the periods presented because including them would have been antidilutive:
|  | As of December 31, |
|  | 2019 |  |  | 2018 |
Warrants |  |  | 71,281 |  |  |  | 71,281 |
Stock Options |  |  | 365,938 |  |  |  | — |
Restricted Stock |  |  | 460,257 |  |  |  | 1,693,491 |
Series A Convertible Preferred Stock |  |  | 6,956,100 |  |  |  | — |
Founders Preferred Stock |  |  | 1,922,600 |  |  |  | 1,922,600 |
SAFE |  |  | — |  |  |  | 4,488,738 |
Total |  |  | 9,776,176 |  |  |  | 8,176,110 |
The SAFEs are not included in basic EPS until settlement. For purposes of diluted EPS, the Company applies the if-converted method. However, because the SAFEs’ non-market-based exercise contingencies were not met prior to settlement and the adjustment to the numerator for mark-to-market losses in the period that the contingencies were met caused the instruments to be antidilutive, the SAFEs were not included in diluted EPS. Please refer to Note 7 for the key terms of the SAFEs.

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