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Net Loss per Share
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Net Loss per Share

13.

Net Loss per Share

Basic net loss per share is computed by dividing the net loss by the weighted average number of common shares outstanding during the period. For periods in which the Company reports net income, diluted net income per share is determined by adding to the basic weighted average number of common shares outstanding the total number of dilutive common equivalent shares using the treasury stock method, unless the effect is anti-dilutive. Potentially dilutive shares were not included in the calculation of diluted net loss per share for each of the three months ended March 31, 2020 and 2019, respectively, as their inclusion would be anti-dilutive.

Potential common stock equivalents excluded from the calculation of diluted earnings per share because the effect would have been anti-dilutive were as follows:

 

 

 

Three Months Ended

March 31,

 

 

 

2020

 

 

2019

 

Stock options

 

 

14,204,662

 

 

 

8,956,961

 

ESPP

 

 

39,744

 

 

 

 

Warrants

 

 

486,812

 

 

 

486,812

 

Restricted stock units

 

 

2,046,583

 

 

 

1,265,151

 

Performance stock units

 

 

 

 

 

321,666

 

Deferred stock units

 

 

 

 

 

35,418

 

 

 

 

16,777,801

 

 

 

11,066,008