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Net Loss per Share
9 Months Ended
Sep. 30, 2020
Net Loss per Share  
Net Loss per Share

Note 8. Net Loss per Share

The following table sets forth the computation of basic and diluted net loss per share:

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

    

2020

    

2019

    

2020

    

2019

(in thousands, except share and per share amounts)

Numerator:

 

  

 

  

 

  

Net loss

$

(5,093)

$

(4,670)

$

(13,806)

$

(21,351)

Denominator:

 

  

 

  

 

  

 

Weighted‑average shares used to compute net loss per share, basic and diluted

 

113,203,074

 

102,791,023

 

106,333,836

 

102,727,198

Basic and diluted net loss per share

$

(0.04)

$

(0.05)

$

(0.13)

$

(0.21)

Basic net loss per share is computed by dividing the net loss by the weighted-average number of common shares outstanding for the period. Because we have reported a net loss for the three and nine months ended September 30, 2020 and 2019, the number of shares used to calculate diluted net loss per common share is the same as the number of shares used to calculate basic net loss per common share because the potentially dilutive shares would have been antidilutive if included in the calculation.

The following potentially dilutive securities outstanding have been excluded from the computation of diluted weighted-average shares outstanding because such securities have an antidilutive impact due to losses reported:

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

    

2020

    

2019

    

2020

    

2019

Stock options outstanding

 

7,727,158

 

5,913,820

 

7,727,158

5,913,820

Unvested restricted stock units

 

1,291,056

 

25,520

 

1,291,056

25,520

Total potentially dilutive securities

 

9,018,214

 

5,939,340

 

9,018,214

5,939,340