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EARNINGS (LOSS) PER SHARE (Tables) | 9 Months Ended
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Sep. 30, 2021
Earnings Per Share [Abstract] |
Schedule of Potentially Dilutive Securities Excluded from Diluted Loss Calculation | The following potentially dilutive securities outstanding as of September 30, 2021 and 2020 have been excluded from the denominator of the diluted income (loss) per share of common stock outstanding calculation as their effect is anti-dilutive. (in thousands):
| Three Months ended September 30, |  | Nine Months ended September 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Warrants | 55 |  |  | 2,485 |  |  | 199 |  |  | 2,485 |
Stock options | 11,273 |  |  | 10,227 |  |  | 15,511 |  |  | 10,227 |
| 11,328 |  |  | 12,712 |  |  | 15,710 |  |  | 12,712 |
Schedule of Earnings (Loss) Per Share | The following table illustrates the determination of earnings (loss) per share for each period presented:
| Three Months ended September 30, |  | Nine Months ended September 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
| (in thousands, except per share amounts)
Basic Earnings (Loss) Per Share: |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income (loss) | $ | 71,674 |  |  | $ | (22,608) |  |  | $ | (9,280) |  |  | $ | (7,388) |
Less: Deemed Dividend | — |  |  | — |  |  | — |  |  | (147) |
Less: Income attributable to participating securities - basic | (52) |  |  | — |  |  | — |  |  | — |
Net income (loss) attributable to common stockholders - basic | $ | 71,622 |  |  | $ | (22,608) |  |  | $ | (9,280) |  |  | $ | (7,535) |
Denominator: |  |  |  |  |  |  |
Weighted average common shares outstanding - basic | 196,778 |  | 117,886 |  | 176,547 |  | 113,437
Net income (loss) per share applicable to common stockholders - basic | $ | 0.36 |  |  | $ | (0.19) |  |  | $ | (0.05) |  |  | $ | (0.07) |
Dilutive Earnings (Loss) Per Share: |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income (loss) | $ | 71,674 |  |  | $ | (22,608) |  |  | $ | (9,280) |  |  | $ | (7,388) |
Less: Deemed Dividend | — |  |  | — |  |  | — |  |  | (147) |
Less: Income attributable to participating securities - diluted | (51) |  |  | — |  |  | — |  |  | — |
Net income (loss) attributable to common stockholders - diluted | $ | 71,623 |  |  | $ | (22,608) |  |  | $ | (9,280) |  |  | $ | (7,535) |
Denominator: |  |  |  |  |  |  |
Weighted average shares outstanding | 196,778 |  |  | 117,886 |  |  | 176,547 |  |  | 113,437 |
Dilutive impact from: |  |  |  |  |  |  |
Stock options and employee stock purchase plan | 4,239 |  |  | — |  |  | — |  |  | — |
Weighted average common shares outstanding - diluted | 201,017 |  |  | 117,886 |  |  | 176,547 |  |  | 113,437 |
Net income (loss) per share applicable to common stockholders - diluted | $ | 0.36 |  |  | $ | (0.19) |  |  | $ | (0.05) |  |  | $ | (0.07) |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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