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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Summary of Product Revenue by Geographical Locations of Customers

Product revenue by geographical locations of customers during the years ended December 31, 2020, 2019 and 2018, were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

2020

 

 

2019

 

 

2018

 

Product revenue:

 

 

 

 

 

 

 

 

 

 

 

 

Europe, Middle East and Africa

 

$

57,427

 

 

$

52,499

 

 

$

46,974

 

North America

 

 

32,380

 

 

 

20,936

 

 

 

12,696

 

Other

 

 

2,113

 

 

 

1,214

 

 

 

1,238

 

Total product revenue

 

$

91,920

 

 

$

74,649

 

 

$

60,908

 

 

Computation of Basic and Diluted Net Loss per Share

The following table sets forth the reconciliation of the numerator and denominator used in the computation of basic and diluted net loss per share for the years ended December 31, 2020, 2019 and 2018 (in thousands, except per share amounts):

 

 

 

Year Ended December 31,

 

 

 

2020

 

 

2019

 

 

2018

 

Numerator for Basic and Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss used for basic calculation

 

$

(59,857

)

 

$

(71,244

)

 

$

(57,564

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average number of shares outstanding

 

 

163,949

 

 

 

139,831

 

 

 

131,663

 

Effect of dilutive potential shares

 

 

 

 

 

 

 

 

 

Diluted weighted average number of shares outstanding

 

 

163,949

 

 

 

139,831

 

 

 

131,663

 

Net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted

 

$

(0.37

)

 

$

(0.51

)

 

$

(0.44

)

 

Anti-Dilutive Effect of Common Shares

The table below presents potential shares that were excluded from the calculation of the weighted average number of shares outstanding used for the calculation of diluted net loss per share. These are excluded from the calculation due to their anti-dilutive effect for the years ended December 31, 2020, 2019 and 2018 (shares in thousands):

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

2020

 

 

2019

 

 

2018

 

Weighted average number of anti-dilutive potential shares:

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

17,692

 

 

 

17,401

 

 

 

18,031

 

Restricted stock units

 

 

5,485

 

 

 

3,361

 

 

 

1,902

 

Employee stock purchase plan rights

 

 

32

 

 

 

72

 

 

 

20

 

Total

 

 

23,209

 

 

 

20,834

 

 

 

19,953