Net Loss per Share

6 Months Ended

Jun. 30, 2020

Net Loss per Share

Net Loss per Share

16. Net Loss per Share

The following table sets forth the computation of basic and diluted net loss per share for the three and six months ended June 30, 2020 and 2019 (in thousands, except per share data):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
Numerator:
Net loss	$	(8,508)	$	(15,589)	$	(21,169)	$	(32,689)
Denominator:
Weighted–average shares used to compute basic and diluted net loss per share		115,982		109,245		114,970		108,292
Basic and diluted net loss per share	$	(0.07)	$	(0.14)	$	(0.18)	$	(0.30)

Basic net loss per share is computed by dividing the net loss by the weighted-average number of common shares outstanding for the period. Because we have reported a net loss for the three and six months ended June 30, 2020 and 2019, the number of shares used to calculate diluted net loss per common share is the same as the number of shares used to calculate basic net loss per common share for those periods presented because the potentially dilutive shares would have been anti-dilutive if included in the calculation.

The following potentially dilutive securities have been excluded from the computation of diluted weighted-average shares outstanding because such securities have an antidilutive impact due to losses reported (in common stock equivalent shares):

	June 30,	June 30,
	2020	2019
Stock options outstanding, net of unvested exercised stock options	2,672,864	3,744,631
Unvested restricted stock units	14,372,988	14,904,876
Unvested performance stock units	1,005,000	—
ESPP shares	519,358	491,151
Stock-settled bonus shares	714,592	473,727
Total potentially dilutive securities	19,284,802	19,614,385