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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]  
Summary of Product Revenue by Geographical Locations of Customers

Product revenue by geographical locations of customers during the years ended December 31, 2019, 2018 and 2017, were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

Product revenue:

 

 

 

 

 

 

 

 

 

 

 

 

Europe, Middle East and Africa

 

$

52,499

 

 

$

46,974

 

 

$

36,241

 

North America

 

 

20,936

 

 

 

12,696

 

 

 

6,325

 

Other

 

 

1,214

 

 

 

1,238

 

 

 

1,002

 

Total product revenue

 

$

74,649

 

 

$

60,908

 

 

$

43,568

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Computation of Basic and Diluted Net Loss per Share

The following table sets forth the reconciliation of the numerator and denominator used in the computation of basic and diluted net loss per share for the years ended December 31, 2019, 2018 and 2017 (in thousands, except per share amounts):

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

Numerator for Basic and Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss used for basic calculation

 

$

(71,244

)

 

$

(57,564

)

 

$

(60,585

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average number of shares outstanding

 

 

139,831

 

 

 

131,663

 

 

 

108,221

 

Effect of dilutive potential shares

 

 

 

 

 

 

 

 

 

Diluted weighted average number of shares outstanding

 

 

139,831

 

 

 

131,663

 

 

 

108,221

 

Net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted

 

$

(0.51

)

 

$

(0.44

)

 

$

(0.56

)

 

Anti-Dilutive Effect of Common Shares

The table below presents potential shares that were excluded from the calculation of the weighted average number of shares outstanding used for the calculation of diluted net loss per share. These are excluded from the calculation due to their anti-dilutive effect for the years ended December 31, 2019, 2018 and 2017 (shares in thousands):

 

 

 

 

2019

 

 

2018

 

 

2017

 

Weighted average number of anti-dilutive potential shares:

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

17,401

 

 

 

18,031

 

 

 

17,373

 

Restricted stock units

 

 

3,361

 

 

 

1,902

 

 

 

1,225

 

Employee stock purchase plan rights

 

 

72

 

 

 

20

 

 

 

21

 

Total

 

 

20,834

 

 

 

19,953

 

 

 

18,619