NET LOSS PER SHARE

12 Months Ended

Dec. 31, 2019

NET LOSS PER SHARE

NET LOSS PER SHARE

NOTE 4—NET LOSS PER SHARE

Basic net loss per share (“EPS”) is calculated by dividing net loss attributable to common stockholders by the weighted average common stock outstanding. Diluted EPS is calculated by adjusting weighted average common shares outstanding for the dilutive effect of common stock options and restricted stock units. In periods in which a net loss is recorded, no effect is given to potentially dilutive securities, since the effect would be antidilutive. Securities that could potentially dilute basic EPS in the future were not included in the computation of diluted EPS because to do so would have been antidilutive. The calculations of basic and diluted net loss per share are as follows:

	For the year ended December 31,
	2019		2018
	(in thousands, except share and per share amounts)
Net loss (numerator)	$	(81,028)	$	(43,274)
Weighted-average shares (denominator)		35,183,488		28,772,384
Basic and diluted net loss per share	$	(2.30)	$	(1.50)

Potentially dilutive securities outstanding as of December 31, 2019 and 2018 relate to stock options outstanding of 4,005,873 and 3,357,873 shares, respectively.