Quarterly report pursuant to Section 13 or 15(d)

NET LOSS PER SHARE

v3.22.1
NET LOSS PER SHARE
3 Months Ended
Mar. 31, 2022
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):
Three months ended March 31,
2022 2021
Stock options 18,041  20,225 
Performance stock options 11,000  13,000 
Warrants 10,750  — 
Convertible notes 7,623  — 
Convertible preferred shares 10,000  — 
Total 57,414  33,225