Annual report pursuant to Section 13 and 15(d)

Net Loss Per Share of Common Stock

v3.19.3.a.u2
Net Loss Per Share of Common Stock
 12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Net Loss Per Share of Common Stock
Net Loss Per Share of Common Stock

Basic net loss per share of common stock is computed using the weighted average number of shares of common stock outstanding during the period. Diluted net loss per share is computed using the weighted average number of common stock, adjusted to include conversion of certain stock options and warrants for common stock and release of common stock in connection with restricted stock units during the period, as follows:
 
Years ended December 31,
 
2019
 
2018
Numerator:
 
 
 
 
 
 
 
Net loss
$
(12,132
)
 
$
(26,992
)
Adjustment for gain on fair value of warrant liability
$
—

 
$
—

Adjusted net loss used for dilution calculation
$
(12,132
)
 
$
(26,992
)
 
 
 
 
Denominator
 
 
 
Weighted-average number of shares outstanding
71,911

 
61,229

Effect of potential dilutive shares
—

 
—

Dilutive weighted-average number of shares outstanding
71,911

 
61,229

 
 
 
 
Net loss per share
 
 
 
Basic
$
(0.17
)
 
$
(0.44
)
Diluted
$
(0.17
)
 
$
(0.44
)


The following table sets forth potential shares of common stock that are not included in the calculation of diluted net loss per share because to do so would be anti-dilutive as of the end of each period presented:
 
Years ended December 31,
 
2019
 
2018
Options to purchase common stock
7,411

 
6,466

Restricted stock units
1,328

 
278

Warrants for common stock
17,670

 
3,396

Total common stock equivalents
26,409

 
10,140