Net Loss Per Share

9 Months Ended

Sep. 30, 2019

4. Net loss per share

Basic net loss per share, or Basic EPS, is calculated by dividing the net loss by the weighted average number of shares of common stock outstanding. Diluted net loss per share, or Diluted EPS, is calculated by dividing the net loss by the weighted-average number of shares of common stock plus dilutive common stock equivalents outstanding.

The following table sets forth the computation of Basic EPS and Diluted EPS (in thousands, except for share and per share data)


	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
Basic and Diluted EPS:
Numerator
Net loss	$	(21,910)	$	(14,025)	$	(55,195)	$	(30,247)
Denominator
Weighted average number of shares outstanding		12,685,000		11,969,791		12,349,870		11,612,760
Basic and Diluted EPS	$	(1.73)	$	(1.17)	$	(4.47)	$	(2.60)

The following outstanding common stock equivalents were excluded from the computation of Diluted EPS for the three and nine months ended September 30, 2019 and 2018 because including them would have been anti-dilutive:


	For the Three Months Ended September 30,		For the Nine Months Ended September 30,
	2019	2018	2019	2018
Options to purchase common stock and RSUs	1,759,963	1,442,361	1,759,963	1,442,361