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Net Loss Per Share
9 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Net Loss Per Share

9.

Net Loss Per Share

Basic and diluted net loss per share attributable to common stockholders was calculated as follows for the three and nine months ended June 30, 2021 and 2020:

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

 

(in thousands, except per share data)

 

Basic net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(24,024

)

 

$

(14,265

)

 

$

(54,397

)

 

$

(6,827

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

   —basic

 

 

20,201

 

 

 

20,020

 

 

 

20,155

 

 

 

19,897

 

Net loss per share common share—basic

 

$

(1.19

)

 

$

(0.71

)

 

$

(2.70

)

 

$

(0.34

)

Diluted net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(24,024

)

 

$

(14,265

)

 

$

(54,397

)

 

$

(6,827

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

   —basic

 

 

20,201

 

 

 

20,020

 

 

 

20,155

 

 

 

19,897

 

Dilutive effect of common stock equivalents

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

   —diluted

 

 

20,201

 

 

 

20,020

 

 

 

20,155

 

 

 

19,897

 

Net loss per share common share—diluted

 

$

(1.19

)

 

$

(0.71

)

 

$

(2.70

)

 

$

(0.34

)

Anti-dilutive common stock equivalents excluded

   from above

 

 

4,322

 

 

 

3,640

 

 

 

6,468

 

 

 

3,423

 

 

 

 

The impact of certain common stock equivalents was excluded from the computation of diluted net loss per share for the periods in which the Company incurred a net loss since the impact of such common stock equivalents would have been anti-dilutive.