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
|
|
|
Nine Months Ended
|
|
|
|
September 30,
|
|
|
September 30,
|
|
|
|
2019
|
|
|
2018
|
|
|
2019
|
|
|
2018
|
|
Numerator
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net loss
|
|
$
|
(14,197
|
)
|
|
$
|
(15,941
|
)
|
|
$
|
(47,194
|
)
|
|
$
|
(43,319
|
)
|
Denominator
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted-average common shares outstanding
|
|
|
22,382,973
|
|
|
|
18,710,064
|
|
|
|
20,936,860
|
|
|
|
17,128,380
|
|
Less: Weighted-average shares subject to repurchase
|
|
|
(37,851
|
)
|
|
|
(98,235
|
)
|
|
|
(54,567
|
)
|
|
|
(120,530
|
)
|
Denominator for basic and diluted net loss per share
|
|
|
22,345,122
|
|
|
|
18,611,829
|
|
|
|
20,882,293
|
|
|
|
17,007,850
|
|
Basic and diluted net loss per share
|
|
$
|
(0.64
|
)
|
|
$
|
(0.86
|
)
|
|
$
|
(2.26
|
)
|
|
$
|
(2.55
|
)
|
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
|
|
|
Nine Months Ended
|
|
|
|
September 30,
|
|
|
September 30,
|
|
|
|
2019
|
|
|
2018
|
|
|
2019
|
|
|
2018
|
|
Common stock options and restricted stock units
|
|
|
10,079,101
|
|
|
|
8,123,145
|
|
|
|
9,837,968
|
|
|
|
6,575,578
|
|
Warrants to purchase common stock
|
|
|
1,297,151
|
|
|
|
1,297,151
|
|
|
|
1,297,151
|
|
|
|
1,211,025
|
|
|
|
|
11,376,252
|
|
|
|
9,420,296
|
|
|
|
11,135,119
|
|
|
|
7,786,603
|
|
|