Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Common Share

v3.10.0.1
Net Loss Per Common Share
9 Months Ended
Dec. 31, 2018
Net Loss Per Common Share  
Net Loss Per Common Share

16.  Net Loss Per Common Share

Basic loss per share of common stock is computed using the weighted average number of common shares outstanding for the period. Diluted loss per share is computed without consideration to potentially dilutive instruments because the Company incurred losses in the three months ended December 31, 2018 which would make these instruments anti-dilutive. As of December 31, 2018 and 2017, the number of anti-dilutive stock options and restricted stock units excluded from diluted net loss per common share computations was approximately 2.6 million and 1.2 million, respectively. As of December 31, 2018, the number of PRSUs subject to performance conditions which have not been satisfied have been excluded from diluted net loss per common share computations was approximately 0.3 million.  There were no PRSUs outstanding as of December 31, 2017. As of December 31, 2018 and 2017, the number of warrants excluded from diluted net loss per common share computations was approximately 2.7 million and 8.5 million, respectively.