Net Loss Per Share |
NOTE 4. NET LOSS PER SHARE
The following table presents the computation of basic and diluted net loss per share:
|
|
Three Months Ended
|
|
|
Six Months Ended
|
|
|
|
June 30,
|
|
|
June 30,
|
|
|
|
2019
|
|
|
2018
|
|
|
2019
|
|
|
2018
|
|
Numerator
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net loss
|
|
$
|
(16,691
|
)
|
|
$
|
(14,330
|
)
|
|
$
|
(32,997
|
)
|
|
$
|
(27,379
|
)
|
Denominator
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted-average common shares outstanding
|
|
|
20,817,466
|
|
|
|
16,438,897
|
|
|
|
20,201,819
|
|
|
|
16,324,431
|
|
Less: Weighted-average shares subject to repurchase
|
|
|
(58,070
|
)
|
|
|
(124,661
|
)
|
|
|
(63,063
|
)
|
|
|
(131,862
|
)
|
Denominator for basic and diluted net loss per share
|
|
|
20,759,396
|
|
|
|
16,314,236
|
|
|
|
20,138,756
|
|
|
|
16,192,569
|
|
Basic and diluted net loss per share
|
|
$
|
(0.80
|
)
|
|
$
|
(0.88
|
)
|
|
$
|
(1.64
|
)
|
|
$
|
(1.69
|
)
|
Potentially dilutive securities that were not included in the calculation of diluted net loss per share because their effect would be anti-dilutive were as follows (in common equivalent shares):
|
|
Three Months Ended
|
|
|
Six Months Ended
|
|
|
|
June 30,
|
|
|
June 30,
|
|
|
|
2019
|
|
|
2018
|
|
|
2019
|
|
|
2018
|
|
Common stock options and restricted stock units
|
|
|
10,125,468
|
|
|
|
4,947,896
|
|
|
|
9,715,403
|
|
|
|
4,826,523
|
|
Warrants to purchase common stock
|
|
|
1,297,151
|
|
|
|
1,214,104
|
|
|
|
1,297,151
|
|
|
|
1,167,249
|
|
|
|
|
11,422,619
|
|
|
|
6,162,000
|
|
|
|
11,012,554
|
|
|
|
5,993,772
|
|
|