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Net Loss per Share (Tables)
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss Per Share

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

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(10,812

)

 

$

(23,122

)

 

$

(37,299

)

 

$

(39,872

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

44,452,184

 

 

 

3,994,915

 

 

 

33,937,800

 

 

 

3,816,784

 

Less: weighted-average common shares subject to repurchase

 

 

(1,614,086

)

 

 

(2,045,657

)

 

 

(1,881,125

)

 

 

(2,117,739

)

Weighted-average common shares used to compute basic and diluted net loss per share

 

 

42,838,098

 

 

 

1,949,258

 

 

 

32,056,675

 

 

 

1,699,045

 

Net loss per share: basic and diluted

 

$

(0.25

)

 

$

(11.86

)

 

$

(1.16

)

 

$

(23.47

)

 

Summary of Outstanding Potentially Dilutive Securities Excluded from Computation of Diluted Net Loss per Share

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

 

 

 

Nine Months Ended September 30,

 

 

 

2018

 

 

2017

 

Convertible preferred stock

 

 

 

 

 

21,307,645

 

Common stock options issued and outstanding

 

 

1,348,955

 

 

 

505,974

 

Unvested restricted common stock

 

 

462,963

 

 

 

1,157,407

 

Unvested early exercised common stock options

 

 

1,050,103

 

 

 

888,756

 

Total

 

 

2,862,021

 

 

 

23,859,782