Net Loss per Share

6 Months Ended

Jun. 30, 2019

10. Net Loss per Share

Basic net loss per share is calculated by dividing the net loss by the weighted average number of shares of common stock outstanding for the period, without consideration for common stock equivalents. The Company’s potentially dilutive shares, which include outstanding stock options, are considered to be common stock equivalents and are only included in the calculation of diluted net loss per share when their effect is dilutive.

The amounts in the table below were excluded from the calculation of net loss per share, due to their anti-dilutive effect:


	As of June 30,
	2019	2018
Options to purchase shares of common stock	2,096,348	1,168,938
Redeemable convertible preferred stock (as converted to common stock)	—	7,474,930
	2,096,348	8,643,868