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

(11)

Net Loss per Share

The following table sets forth the computation of basic and diluted net loss per share (in thousands, except for share and per share amounts):

 

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

Net loss

 

$

(51,373

)

 

$

(48,435

)

Denominator:

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding - basic and diluted

 

 

30,284,068

 

 

 

23,882,685

 

Net loss per share - basic and diluted

 

$

(1.70

)

 

$

(2.03

)

 

The Company’s potentially dilutive shares, which include outstanding stock options and unvested restricted common stock, are considered to be common share equivalents and are only included in the calculation of diluted net loss per share when their effect is dilutive.

The following potential common shares, presented based on amounts outstanding at each period end, were excluded from the calculation of the diluted net loss per share attributable to common stockholders for the period indicated because including them would have had an anti-dilutive effect.

 

 

 

As of December 31,

 

 

 

2019

 

 

2018

 

Unvested restricted common stock awards

 

 

586,929

 

 

 

118,679

 

Outstanding options to purchase common stock

 

 

2,286,419

 

 

 

1,739,884