Net Loss Per Share of Common Stock

6 Months Ended

Jun. 30, 2020

The table below summarizes the computation of basic and diluted net loss per share:


	Three Months Ended June 30,						Six Months Ended June 30,
	2020		2019		2020		2019
	(in thousands, except share and per share data)
Net loss	$	(12,472)	$	(8,654)	$	(25,244)	$	(17,999)

Weighted-average shares used to compute basic and diluted net loss per share	28,492,582		24,577,938		27,872,505		24,484,608

Net loss per share, basic and diluted	$	(0.44)	$	(0.35)	$	(0.91)	$	(0.74)

Because the Company has reported a net loss in all periods presented, outstanding stock options, restricted stock units, shares subject to repurchase, ESPP purchase rights and common stock warrants are anti-dilutive and therefore diluted net loss per common share is the same as basic net loss per common share for the periods presented. The following anti-dilutive common stock equivalents were excluded from the computation of diluted net loss per share for the periods presented:


	Three Months Ended June 30,			Six Months Ended June 30,
	2020	2019	2020	2019
Stock options	2,652,683	3,024,743	2,652,683	3,024,743
Restricted stock units	1,333,501	564,638	1,333,501	564,638
Shares subject to repurchase	9,732	46,811	9,732	46,811
ESPP purchase rights	124,266	84,321	124,266	84,321
Common stock warrants	118,122	118,122	118,122	118,122
	4,238,304	3,838,635	4,238,304	3,838,635