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Net Loss per Share
9 Months Ended
Sep. 30, 2018
Net Loss per Share  
Net Loss per Share

9. Net Loss per Share

 

Basic and diluted net loss per share is summarized in the following table:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30, 

 

September 30, 

 

 

 

2018

 

2017

    

2018

    

2017

 

Numerator:

    

 

    

    

 

    

 

 

    

    

 

    

 

Net loss

 

$

(32,740)

 

$

(18,192)

 

$

(94,187)

 

$

(45,589)

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding

 

 

30,982,192

 

 

28,834,808

 

 

30,938,026

 

 

27,180,244

 

Net loss per share, basic and diluted

 

$

(1.06)

 

$

(0.63)

 

$

(3.04)

 

$

(1.68)

 

 

The Company’s potentially dilutive securities, which included stock options and RSUs, have been excluded from the computation of diluted net loss per share since the effect would be to reduce the net loss per share. Therefore, the weighted average number of shares of common stock outstanding used to calculate both basic and diluted net loss per share is the same.  The following table presents potential shares of common stock excluded from the calculation of diluted net loss per share for the three and nine months ended September 30, 2018 and 2017.  All share amounts presented in the table below represent the total number outstanding as of September 30, 2018 and 2017.

 

 

 

 

 

 

 

 

 

September 30, 

 

 

 

2018

 

2017

 

Options to purchase common stock

 

4,323,353

 

3,242,831

 

Restricted stock unit awards

 

541,628

 

294,331

 

Total potential shares of common stock

 

4,864,981

 

3,537,162