Annual report pursuant to Section 13 and 15(d)

Net Loss Per Share

v3.20.4
Net Loss Per Share
 12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Net Loss Per Share

13. Net Loss Per Share

The following table sets forth the computation of the Company’s basic and diluted net loss per share.

 

 

 

Year Ended December 31,

 

 

 

2020

 

 

2019

 

 

2018

 

 

 

(in thousands, except share and per share amounts)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(32,128

)

 

$

(55,744

)

 

$

(35,317

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Shares used in computing net loss per share

 

 

32,573,469

 

 

 

22,958,577

 

 

 

5,758,875

 

Net loss per share, basic and diluted

 

$

(0.99

)

 

$

(2.43

)

 

$

(6.13

)

 

 

The following common stock equivalents were excluded from the computation of diluted net loss per share for the years ended December 31, 2020, 2019 and 2018 because including them would have been antidilutive:

 

 

 

Year Ended December 31,

 

 

 

2020

 

 

2019

 

 

2018

 

Common stock options and award issued

   and outstanding

 

 

6,105,670

 

 

 

4,208,463

 

 

 

3,422,958

 

Warrants to purchase common stock

 

 

153,070

 

 

 

71,813

 

 

 

71,813

 

Shares to be issued under ESPP

 

 

55,299

 

 

 

41,421

 

 

 

29,416

 

Total

 

 

6,314,039

 

 

 

4,321,697

 

 

 

3,524,187