Net Loss per Share

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Net Loss per Share

8. Net loss per share

The following table summarizes the computation of basic and diluted net loss per share of the Company (in thousands, except per share data):

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2020			2019			2020			2019
Net loss	$	(10,660	)	$	(6,142	)	$	(26,497	)	$	(13,890	)
Basic and diluted net loss per share	$	(0.66	)	$	(0.54	)	$	(1.69	)	$	(1.23	)
Weighted-average shares used to compute basic and diluted net    loss per share		16,055			11,285			15,658			11,280

Basic net loss per share is computed by dividing the net loss by the weighted-average number of common shares outstanding for the period. Diluted net loss per common share is computed by dividing the net loss by the weighted-average number of common shares and dilutive common stock equivalents outstanding for the period, determined using the treasury-stock method and the as-if converted method, for convertible securities, if inclusion of these is dilutive. Because the Company has reported a net loss for each of the three and nine months ended September 30, 2020 and 2019, the Company did not have dilutive common stock equivalents and therefore diluted net loss per share is the same as basic net loss per share for those periods.

The following potentially dilutive securities outstanding at the end of the nine months ending September 30, 2020 and 2019 have been excluded from the computation of diluted shares outstanding:

	Nine Months Ended
	September 30,
	2020		2019
Options to purchase common stock		2,204,141		1,995,793
Restricted stock units		1,441		95,924