Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Common Share

v3.20.4
Net Loss Per Common Share
9 Months Ended
Dec. 31, 2020
Net Loss Per Common Share  
Net Loss Per Common Share

 

17.  Net Loss Per Common Share

Basic loss per share of Common Stock is computed using the weighted average number of shares of Common Stock 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, 2020 and 2019 which would make these instruments anti-dilutive. As of December 31, 2020 and 2019, the number of anti-dilutive stock options and restricted stock units excluded from diluted net loss per common share computations was approximately 0.4 million and 0.3 million, respectively. As of December 31, 2020 and 2019, 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 40,000 and 30,000, respectively. As of December 31, 2020 and 2019, the number of warrants excluded from diluted net loss per common share computations was approximately 1.8 million and 1.5 million, respectively.