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Net Loss per Share
12 Months Ended
Dec. 31, 2019
Net Loss per Share  
Net Loss per Share

Note 15.    Net Loss per Share

As the Company had net losses for the years ended December 31, 2019, 2018 and 2017, 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):

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

 

    

2019

    

2018

    

2017

Numerator:

 

 

 

  

 

 

  

 

 

Net loss

 

$

(77,187)

 

$

(38,924)

 

$

(36,957)

Denominator:

 

 

 

  

 

 

  

 

 

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

 

 

25,894,024

  

 

22,364,515

  

 

17,694,505

Net loss per shares, basic and diluted

 

$

(2.98)

 

$

(1.74)

 

$

(2.09)

 

The following outstanding shares of potentially dilutive securities have been excluded from diluted net loss per share calculations for the years ended December 31, 2019, 2018 and 2017 because their inclusion would be anti-dilutive:

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

    

2019

    

2018

    

2017

Options to purchase common stock

 

3,681,521

 

3,178,441

 

2,438,151

Common stock warrants

 

2,750,000

 

2,750,000

 

 —

Restricted stock units

 

278,482

 

418,450

 

 —

ESPP shares

 

40,275

 

52,134

 

24,938

Total

 

6,750,278

 

6,399,025

  

2,463,089