XML 64 R22.htm IDEA: XBRL DOCUMENT v3.19.3
Net Loss Per Share
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Net Loss Per Share

14. Net Loss Per Share

Basic and diluted net loss per share attributable to common stockholders was calculated as follows (in thousands, except share and per share amounts):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(21,149

)

 

$

(15,938

)

 

$

(61,342

)

 

$

(39,981

)

Net loss attributable to common stockholders

 

$

(21,149

)

 

$

(15,938

)

 

$

(61,342

)

 

$

(39,981

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding,

   basic and diluted

 

 

25,829,105

 

 

 

19,619,239

 

 

 

25,814,593

 

 

 

7,332,052

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per share attributable to common

   stockholders, basic and diluted

 

$

(0.82

)

 

$

(0.81

)

 

$

(2.38

)

 

$

(5.45

)

 

The Company’s potential dilutive securities have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted average number of common shares outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same. The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:

 

 

 

September 30,

 

 

 

2019

 

 

2018

 

Warrants for the purchase of common stock

 

 

95,930

 

 

 

95,930

 

Options to purchase common stock

 

 

4,873,097

 

 

 

3,642,747

 

 

 

 

4,969,027

 

 

 

3,738,677