Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Net Income (Loss) per Share (Tables)

v3.19.3.a.u2
Net Income (Loss) per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table provides the computation of basic and diluted net income (loss) per share for the years ended December 31, 2019, 2018 and 2017 (in thousands, except share and per share amounts):
 
  For the Year Ended December 31,
  2019 2018 2017
Net income (loss) $ 8,006    $ 2,640    $ (396)  
Deemed dividends on preferred stock and
amortization of beneficial conversion feature
—    5,627    10,547   
Gain on redemption of preferred stock —    (9,075)   —   
Net income (loss) available to common stockholders $ 8,006    $ 6,088    $ (10,943)  
Basic weighted average common shares outstanding 100,470    85,618    79,426   
Effect of potentially dilutive securities 3,145    5,950    —   
Diluted weighted average shares outstanding 103,615    91,568    79,426   
Basic net income (loss) per share attributable to common stockholders $ 0.08    $ 0.07    $ (0.14)  
Diluted net income (loss) per share attributable to common stockholders $ 0.08    $ 0.07    $ (0.14)