Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) per Common Share (Tables)

v3.19.1
Net Income (Loss) per Common Share (Tables)
 3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of earnings per share (amounts in thousands except share and per share data):
 
 
 
Three Months Ended March 31,
 
 
 
2019
 
 
2018
 
Net income (loss) attributable to common stockholders
 
$
1,392
 
 
$
(21,018
)
 
 
 
 
 
 
 
 
 
Weighted average shares outstanding - basic
 
 
48,506,994
 
 
 
42,518,403
 
Preferred stock, Series A
 
 
1,000,000
 
 
 
–
 
Stock options
 
 
378,835
 
 
 
–
 
Warrants
 
 
60,000
 
 
 
–
 
Unvested restricted stock
 
 
12,622,076
 
 
 
–
 
Unvested restricted stock units
 
 
1,243,231
 
 
 
–
 
Weighted average shares outstanding - diluted
 
 
63,811,136
 
 
 
42,518,403
 
 
 
 
 
 
 
 
 
 
Per share data:
 
 
 
 
 
 
 
 
Basic
 
$
0.03
 
 
$
(0.49
)
Diluted
 
$
0.02
 
 
$
(0.49
)
Computations of Diluted Weighted Average Shares Outstanding
The following shares of potentially dilutive securities have been excluded from the computations of diluted weighted average shares outstanding, as the effect of including such securities would be anti-dilutive at the end of the three months ended March 31, 2018:
 
 
 
March 31, 2018
 
Warrants to purchase Common Stock
 
 
894,189
 
Opus warrants to purchase Common Stock
 
 
1,880,000
 
Options to purchase Common Stock
 
 
1,085,501
 
Convertible Preferred Stock
 
 
1,000,000
 
Unvested Restricted Stock
 
 
11,050,943
 
Unvested Restricted Stock Units
 
 
1,778,154
 
Total
 
 
17,688,787