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Net Loss Per Share Attributable to Common Stockholders
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Net Loss Per Share Attributable to Common Stockholders

12. Net Loss Per Share Attributable to Common Stockholders

The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share data):

 

 

 

Year Ended December 31,

 

 

 

2020

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(34,495

)

 

$

(41,975

)

 

$

(34,346

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding

 

 

24,783,287

 

 

 

12,669,367

 

 

 

1,338,776

 

Less: weighted-average shares of restricted stock that are

   subject to repurchase

 

 

(61,512

)

 

 

(172,410

)

 

 

(382,524

)

Weighted-average shares used in computing net loss per share

   attributable to common stock, basic and diluted

 

 

24,721,775

 

 

 

12,496,957

 

 

 

956,252

 

Net loss per share attributable to common stockholders, basic and

   diluted

 

$

(1.40

)

 

$

(3.36

)

 

$

(35.92

)

 

The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have been antidilutive:

 

 

 

As of December 31,

 

 

 

2020

 

 

2019

 

 

2018

 

Redeemable convertible preferred stock

 

 

 

 

 

 

 

 

13,139,794

 

Options to purchase common stock

 

 

2,591,456

 

 

 

1,962,332

 

 

 

1,598,864

 

Restricted stock

 

 

14,625

 

 

 

14,625

 

 

 

19,492

 

Restricted stock acquired upon early exercise of stock options

 

 

14,460

 

 

 

84,964

 

 

 

237,853

 

Total

 

 

2,620,541

 

 

 

2,061,921

 

 

 

14,996,003

 

 

As of December 31, 2020, the Company has contributions from plan participant of $0.3 million under the ESPP, which if converted, would be equivalent to 30,454 shares based on 85% of the stock price at the beginning of the offering period.