Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share (Tables)

v3.19.2
Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss Per Common 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

)

 

Effect of Anti-dilutive Securities

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