Annual report pursuant to Section 13 and 15(d)

Net Loss per Share (Tables)

v3.20.4
Net Loss per Share (Tables)
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted 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,

 

 

 

2020

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(41,742

)

 

$

(35,087

)

 

$

(23,167

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares of common stock outstanding

 

 

44,004,190

 

 

 

19,083,826

 

 

 

10,264,584

 

Net loss per share, basic and diluted

 

$

(0.95

)

 

$

(1.84

)

 

$

(2.26

)

Anti-dilutive Outstanding Shares of Common Stock Equivalents Excluded from Computation of Diluted Net Loss per Share

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,

 

 

 

2020

 

 

2019

 

 

2018

 

Options to purchase common stock

 

 

4,489,122

 

 

 

3,107,066

 

 

 

2,181,466

 

Common stock subject to future vesting

 

 

8,859

 

 

 

30,027

 

 

 

89,257

 

Total

 

 

4,497,981

 

 

 

3,137,093

 

 

 

2,270,723