NET LOSS PER SHARE
|9 Months Ended|
Sep. 30, 2020
|Earnings Per Share [Abstract]|
|NET LOSS PER SHARE||NET LOSS PER SHARE
The Company computes basic net loss per share using the weighted-average number of common shares outstanding during the period. Diluted net loss per share is calculated by dividing net loss by the weighted-average number of common shares plus potential common shares. The Company's stock options, including those with performance conditions, are included in the calculation of diluted net loss per share using the treasury stock method when their effect is dilutive. Potential common shares are excluded from the calculation of diluted net loss per share when their effect is anti-dilutive.
The following common stock equivalents were not included in the calculation of net loss per diluted share because their effect were anti-dilutive (in thousands):
The above table excludes 8,000,000 unvested performance stock options for the three and nine months ended September 30, 2020 and 10,750,000 unvested performance stock options for the three and nine months ended September 30, 2019, which vest upon the completion of future performance conditions.
The entire disclosure for earnings per share.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef