Quarterly report pursuant to Section 13 or 15(d)

Net loss per share

v3.20.2
Net loss per share
 6 Months Ended
Jun. 30, 2020
Net loss per share [Abstract]  
Net loss per share
Note 20 - Net loss per share
 
Basic and diluted net loss per share attributable to common stockholders is presented using the treasury stock method. Under the treasury stock method, the amount the employee must pay for exercising stock options and the amount of compensation cost for future service that has not yet been recognized are collectively assumed to be used to repurchase shares.
 
Basic and diluted net loss per share is calculated by dividing net and comprehensive loss attributable to common stockholders by the weighted-average shares outstanding during the period. For the three and six months ended June 30, 2020 and 2019, the Company’s basic and diluted net and comprehensive loss per share attributable to common stockholders are the same, because the Company has generated a net loss to common stockholders and common stock equivalents are excluded from diluted net loss per share as they have an antidilutive impact.

The following table sets forth basic and diluted net loss per share attributable to common stockholders for the three and six months ended June 30, 2020 and 2019:
 
Dollars in thousands except per share amounts


    Six Months Ended June 30,     Three Months Ended June 30,  
      2020      
2019
       2020      
2019
  
Common stockholders                                
Numerator:                                
Net and comprehensive loss
   $ (27,858 )  
$
(164,286
)
  
$
(18,404
)
  
$
(161,506
)
Less: Preferred stock dividends
     68
      
27
      
34
      
27
  
Net and comprehensive loss available to common stockholders
   $ (27,926 )  
$
(164,313
)
  
$
(18,438
)
  
$
(161,533
 )
Denominator:
                            
 
Weighted average shares used in computing net loss per share attributable to common stockholders, basic and diluted

48,733,052
      
21,202,188
      
48,939,708
      
30,638,048
  
Net loss per share attributable to common stockholders, basic and diluted  
$
(0.57
)
  
$
(7.75
)
  
$
(0.38
)
  
$
(5.27
 )