Three Months Ended

Six Months Ended

June 30,

($ in thousands except per share data)

2020

2019

2020

2019

Net loss per share — Basic:

Net loss

$

(24,226)

$

(11,176)

$

(15,409)

$

(22,150)

Denominator for basic net loss per share

33,583

28,461

31,941

28,070

Basic net loss per common share

$

(0.72)

$

(0.39)

$

(0.48)

$

(0.79)

Net loss per share — Diluted:

Net loss

$

(24,226)

$

(11,176)

$

(15,409)

$

(22,150)

Less: Future tranche right revaluation gain applicable to dilutive liability-classified future tranche rights

—

(2,284)

—

Numerator for diluted net loss per share

$

(24,226)

$

(11,176)

$

(17,693)

$

(22,150)

Denominator for basic net loss per share

33,583

28,461

31,941

28,070

Plus: Incremental shares underlying “in the money” liability-classified future tranche rights outstanding

—

2,182

—

Denominator for diluted net loss per share

33,583

28,461

34,123

28,070

Diluted net loss per common share

$

(0.72)

$

(0.39)

$

(0.52)

$

(0.79)