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Net Loss per Share
9 Months Ended
Sep. 30, 2019
Net Loss per Share  
Net Loss per Share

Note 12. Net Loss per Share

As the Company had net losses for the three and nine months ended September 30, 2019 and 2018, all potential common shares were determined to be anti-dilutive. The following table sets forth the computation of basic and diluted net loss per share (in thousands, except share and per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30, 

 

September 30, 

 

    

2019

    

2018

    

2019

    

2018

Numerator:

 

 

 

 

 

 

 

 

 

  

 

 

Net loss

 

$

(16,409)

 

$

(8,735)

 

$

(59,686)

 

$

(25,059)

Denominator:

 

 

 

 

 

 

 

 

 

  

 

 

Weighted-average shares used to compute net loss per common share, basic and diluted

 

 

26,956,957

 

 

22,912,279

 

 

25,315,512

  

 

21,750,562

Net loss per shares, basic and diluted

 

$

(0.61)

 

$

(0.38)

 

$

(2.36)

 

$

(1.15)

 

The following outstanding shares of potentially dilutive securities have been excluded from diluted net loss per share computations for the periods presented because their inclusion would be anti-dilutive:

 

 

 

 

 

 

 

 

September 30, 

 

 

    

2019

    

2018

 

 

 

 

 

 

 

Options to purchase common stock

 

3,709,631

 

3,153,479

 

Common stock warrants

 

2,750,000

 

2,750,000

 

Restricted stock units

 

284,445

 

420,650

 

ESPP shares

 

41,263

 

52,682

 

Total

 

6,785,339

 

6,376,811