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Net Loss per Share (Tables)
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Net Loss Per Share Attributable To Common Stockholders

The following table summarizes the computation of basic and diluted net loss per share attributable to common stockholders of the Company:

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

(in thousands, except share and per share data)

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss – basic and diluted

 

$

(23,614

)

 

$

(7,270

)

 

$

(44,585

)

 

$

(15,096

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding – basic and diluted

 

 

40,465,705

 

 

 

1,463,421

 

 

 

15,195,000

 

 

 

1,104,454

 

Net loss per share – basic and diluted

 

$

(0.58

)

 

$

(4.97

)

 

$

(2.93

)

 

$

(13.67

)

 

Potential Dilutive Securities Excluded From Computation Of Diluted Net Loss Per Share Attributable To Common Stockholders

Based on the amounts outstanding at September 30, 2020 and 2019, the Company excluded the following potential shares of common stock from the computation of diluted net loss per share attributable to common stockholders for the three and nine months ended September 30, 2020 and 2019, because including them would have had an anti-dilutive effect. 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.

 

 

 

September 30,

 

 

 

2020

 

 

2019

 

Series A2 Preferred Stock

 

 

 

 

 

20,000,000

 

Series A3 Preferred Stock

 

 

 

 

 

22,453,987

 

Series A4 Preferred Stock

 

 

 

 

 

2,066,666

 

Series B Preferred Stock

 

 

 

 

 

14,877,697

 

Options to purchase common stock

 

 

3,661,905

 

 

 

 

Unvested restricted stock

 

 

3,554,488

 

 

 

4,861,308