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Net Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss per Share

The following table sets forth the computation of the basic and diluted net loss per share for the three and nine months ended September 30, 2021 and 2020 (in thousands, except share and per share data):

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(18,651

)

 

$

(14,631

)

 

$

(51,275

)

 

$

(40,157

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

29,491,857

 

 

 

24,474,157

 

 

 

26,663,209

 

 

 

24,019,746

 

Less: weighted-average unvested common shares

   subject to repurchase

 

 

 

 

 

(25,042

)

 

 

 

 

 

(29,820

)

Weighted-average shares used to compute net loss per

   share, basic and diluted

 

 

29,491,857

 

 

 

24,449,115

 

 

 

26,663,209

 

 

 

23,989,926

 

Net loss per share, basic and diluted

 

$

(0.63

)

 

$

(0.60

)

 

$

(1.92

)

 

$

(1.67

)

Potential Dilutive Securities not Included in Diluted per Share Calculations

Potential dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows:

 

 

 

As of September 30,

 

 

 

2021

 

 

2020

 

Stock options issued and outstanding under the 2019

   Equity Incentive Plan and 2015 Stock Plan

 

 

1,982,298

 

 

 

1,517,965

 

Estimated shares issuable under the 2019 ESPP

 

 

23,569

 

 

 

39,830

 

RSUs subject to future vesting

 

 

40,500

 

 

 

56,500

 

Total

 

 

2,046,367

 

 

 

1,614,295