Net Loss Per Share

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Net Loss Per Share

(10) Net Loss Per Share

The computation of basic and diluted net loss per share consists of the following:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2020			2019			2020			2019
	(In thousands, except share and per share data)
Numerator:
Net loss	$	(5,698	)	$	(5,318	)	$	(8,867	)	$	(11,320	)
Denominator:
Weighted average shares outstanding, basic and diluted		26,521,861			24,118,620			25,858,076			24,025,136
Net loss per share, basic and diluted	$	(0.21	)	$	(0.22	)	$	(0.34	)	$	(0.47	)

Potentially dilutive common shares that were excluded from the computation of diluted net loss per share because they were anti-dilutive consist of the following:

	Three and Six Months Ended
	June 30,
	2020		2019
Common stock options		3,954,223		3,679,254
Restricted common stock units		715,482		1,105,415
Restricted common stock awards		123,191		128,453
Total		4,792,896		4,913,122

In the table above, anti-dilutive shares consist of those common stock equivalents that have (i) an exercise price above the average stock price for the period or (ii) related average unrecognized stock compensation expense sufficient to buy back the entire amount of shares. The Company excludes the shares issued in connection with restricted stock awards from the calculation of basic weighted average common shares outstanding until the restrictions lapse.