Net Loss Per Share |
10. Net Loss Per Share
The following table sets forth the computation of the Company’s basic and diluted net loss per share.
|
|
Three Months Ended
|
|
|
Nine Months Ended
|
|
|
|
September 30,
|
|
|
September 30,
|
|
|
|
2019
|
|
|
2018
|
|
|
2019
|
|
|
2018
|
|
Numerator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net loss, basic and diluted
|
|
$
|
(12,912
|
)
|
|
$
|
(10,237
|
)
|
|
$
|
(40,955
|
)
|
|
$
|
(33,824
|
)
|
Net loss
|
|
$
|
(12,912
|
)
|
|
$
|
(10,237
|
)
|
|
$
|
(40,955
|
)
|
|
$
|
(33,824
|
)
|
Denominator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares issued in computing net loss per share, basic and
diluted
|
|
|
22,946,989
|
|
|
|
481,613
|
|
|
|
22,913,118
|
|
|
|
476,023
|
|
Net loss per share, basic and diluted
|
|
$
|
(0.56
|
)
|
|
$
|
(21.26
|
)
|
|
$
|
(1.79
|
)
|
|
$
|
(71.06
|
)
|
The following common stock equivalents were excluded from the computation of diluted net loss per share for the periods ended September 30, 2019 and 2018, because including them would have been antidilutive:
|
|
As of September 30,
|
|
|
|
2019
|
|
|
2018
|
|
Redeemable convertible preferred stock
|
|
|
–
|
|
|
|
16,028,462
|
|
Common stock options and restricted stock awards
issued and outstanding
|
|
|
4,318,470
|
|
|
|
3,383,756
|
|
Warrants to purchase redeemable convertible preferred stock
|
|
|
–
|
|
|
|
117,400
|
|
Warrants to purchase common stock
|
|
|
71,813
|
|
|
|
942
|
|
Total
|
|
|
4,390,283
|
|
|
|
19,530,560
|
|
|