XML 43 R22.htm IDEA: XBRL DOCUMENT v3.20.4
Earnings per Share
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Earnings per Share

 

Note 15 – Earnings per Share

 

         Excluded from determination of diluted net loss attributable to common stockholders for the periods presented because inclusion would be anti-dilutive are the instruments below, the terms of which are described in further detail in Note 14 – Share Based Compensation.  The potentially dilutive securities as of December 31, 2020 and 2019 primarily represent the shares subject to future issuance under stock options awards, warrants and RSUs and would be subject to the treasury stock method when dilutive. The number of common shares that convertible debt was assumed to convert to was based on the Company’s estimated common stock price as of December 31, 2019, as determined by the Company’s Board of Directors with assistance from a valuation firm.

 

 

 

Year Ended December 31

 

 

 

2020

 

 

2019

 

Numerator

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(31,350

)

 

$

(30,726

)

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

Weighted-average shares outstanding used

   in computing net loss per share, basic and diluted

 

 

4,838

 

 

 

242

 

Net loss per share, basic and diluted

 

$

(6.48

)

 

$

(126.97

)

 

The following outstanding common stock equivalents were excluded from diluted net loss attributable to common stockholders for the periods presented because inclusion would be anti-dilutive (in thousands):

 

 

 

Year Ended December 31

 

 

 

2020

 

 

2019

 

Options to purchase common stock

 

 

2,495

 

 

 

2,104

 

Convertible preferred stock

 

 

 

 

 

119,257

 

Warrants

 

 

103

 

 

 

1,538

 

Restricted stock units

 

 

79

 

 

 

26

 

Convertible debt

 

 

 

 

 

21,131

 

Total

 

 

2,677

 

 

 

144,056