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

14. Net Loss Per Share

 

Basic and diluted net loss per share attributable to common stockholders was calculated as follows for the years ended December 31, 2019, 2018 and 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

 

    

 

2019

    

2018

    

2017

Numerator:

 

 

 

  

 

 

  

 

 

  

Net loss attributable to common stockholders

 

 

$

(86,372)

 

$

(59,978)

 

$

(63,386)

Denominator:

 

 

 

  

 

 

  

 

 

  

Weighted average common shares outstanding, basic and diluted

 

 

 

45,273,231

 

 

38,115,142

 

 

28,818,196

Net loss per share attributable to common stockholders, basic and diluted

 

 

$

(1.91)

 

$

(1.57)

 

 

(2.20)

 

 

 

 

 

 

 

 

 

 

 

 

The Company excluded the following common stock equivalents, outstanding as of December 31, 2019, 2018, and 2017, from the computation of diluted net loss per share attributable to common stockholders for the years ended December 31, 2019, 2018 and 2017 because they had an anti-dilutive impact due to the net loss incurred for the periods.  The Company also excluded the shares issuable upon conversion of the 2026 Convertible notes from the computation of diluted net loss per share for the year ended December 31, 2019 because they had an anti-dilutive impact.

 

 

 

 

 

 

 

 

 

 

 

December 31, 

 

 

    

2019

    

2018

    

2017

    

Options to purchase common stock

 

7,920,417

 

5,230,831

 

4,002,374

 

Shares issuable upon conversion of 2026 Convertible Notes, if converted

 

5,769,232

 

 —

 

 —

 

Warrants for the purchase of common stock

 

18,939

 

18,939

 

18,939

 

 

 

13,708,588

 

5,249,770

 

4,021,313