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Net Loss Per Share Attributable to Common and Limited Stockholders
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Net Loss Per Share Attributable to Common and Limited Stockholders

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Net Loss Per Share Attributable to Common and Limited Common Stockholders

The following table presents the calculation of basic and diluted net loss per share attributable to common and limited common stockholders for the periods presented (in thousands, except per share data):

 

 

 

Three Months Ended March 31,

 

 

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

Net loss attributable to Schrödinger common and

   limited common stockholders

 

$

(13,826

)

 

$

(5,794

)

Denominator:

 

 

 

 

 

 

 

 

Weighted average shares used to compute net loss per

   share attributable to Schrödinger common and limited

   common stockholders, basic and diluted:

 

 

40,666,970

 

 

 

5,938,260

 

Net loss per share

 

$

(0.34

)

 

$

(0.98

)

 

Since the Company was in a loss position for all periods presented, basic net loss per share is the same as diluted net loss per share as the inclusion of all potential common shares and limited common shares outstanding would have been anti-dilutive. Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows:

 

 

 

Three Months Ended March 31,

 

 

 

2020

 

 

2019

 

Convertible preferred stock

 

 

-

 

 

 

41,184,460

 

Shares subject to outstanding common stock options

 

 

6,790,938

 

 

 

4,560,913

 

 

 

 

6,790,938

 

 

 

45,745,373