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Net loss per share
9 Months Ended
Sep. 30, 2019
Net loss per share  
Net loss per share

-9.           Net loss per share

Basic and diluted net loss per share attributable to common stockholders was calculated as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30, 

 

September 30, 

 

    

2019

    

2018

    

2019

    

2018

Numerator:

 

 

  

 

 

  

 

 

  

 

 

  

Net loss

 

$

(15,554)

 

$

(11,148)

 

$

(28,144)

 

$

(20,242)

Accretion of redeemable convertible preferred stock to redemption value

 

 

 —

 

 

(251)

 

 

 —

 

 

(321)

Net loss attributable to common stockholders, basic and diluted

 

$

(15,554)

 

$

(11,399)

 

$

(28,144)

 

$

(20,563)

Denominator:

 

 

  

 

 

  

 

 

  

 

 

  

Weighted average common shares outstanding, basic and diluted

 

 

28,024,779

 

 

127,141

 

 

10,589,119

 

 

86,884

Net loss per share attributable to common stockholders, basic and diluted

 

$

(0.56)

 

$

(89.66)

 

$

(2.66)

 

$

(236.67)

 

The Company excluded 42,667 shares and 99,259 shares of restricted common stock, presented on a weighted average basis, from the calculations of basic net loss per share attributable to common stockholders for the three months ended September 30, 2019 and 2018, respectively, because those shares had not vested. The Company excluded 56,679 shares and 139,516 shares of restricted common stock, presented on a weighted average basis, from the calculations of basic net loss per share attributable to common stockholders for the nine months ended September 30, 2019 and 2018, respectively, because those shares had not vested.

The Company’s potentially dilutive securities, which include stock options, unvested restricted common stock and redeemable convertible preferred stock, have been excluded from the computation of diluted net loss per share attributable to common stockholders as the effect would be to reduce the net loss per share. Therefore, the weighted average number of common shares outstanding used to calculate both basic and diluted net loss per share attributable to common stockholders is the same. The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:

 

 

 

 

 

 

 

 

Three and nine months ended

 

 

September 30, 

 

    

2019

    

2018

Options to purchase common stock

 

2,417,234

 

740,767

Shares to be purchased under employee stock purchase plan

 

2,626

 

 —

Unvested restricted stock

 

421,066

 

94,338

Redeemable convertible preferred stock (as converted to common stock)

 

 

7,368,894

Total

 

2,840,926

 

8,203,999