Annual report pursuant to Section 13 and 15(d)

Net Loss per Share

v3.20.1
Net Loss per Share
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Net Loss Per Share

13. Net Loss Per Share

Net Loss Per Share

The following table sets forth the calculation of basic and diluted net loss per share during the periods presented (in thousands, except share and per share data):

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(35,087

)

 

$

(23,167

)

 

$

(8,517

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares of common stock outstanding

 

 

19,083,826

 

 

 

10,264,584

 

 

 

599,291

 

Net loss per share, basic and diluted

 

$

(1.84

)

 

$

(2.26

)

 

$

(14.21

)

 

The following outstanding shares of common stock equivalents were excluded from the computation of the diluted net loss per share for the periods presented because their effect would have been anti-dilutive:

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

Redeemable convertible preferred stock on an if converted basis

 

 

 

 

 

 

 

 

12,263,126

 

Options to purchase common stock

 

 

3,107,066

 

 

 

2,181,466

 

 

 

1,213,010

 

Common stock subject to future vesting

 

 

30,027

 

 

 

89,257

 

 

 

238,618

 

Total

 

 

3,137,093

 

 

 

2,270,723

 

 

 

13,714,754