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Basic and Diluted Net Loss Per Common Share (Tables)
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Schedule of Computation of Net Loss per Common Share

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

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Net loss

 

$

(14,953

)

 

$

(9,255

)

 

$

(27,357

)

 

$

(18,394

)

Weighted-average common shares outstanding—basic and diluted

 

 

43,960,794

 

 

 

31,731,628

 

 

 

43,113,195

 

 

 

31,538,329

 

Net loss per common share—basic and diluted

 

$

(0.34

)

 

$

(0.29

)

 

$

(0.63

)

 

$

(0.58

)

 

Schedule of Potentially Dilutive Shares Excluded from Computation of Diluted Net Loss per Common Share

The Company incurred net losses in the periods presented, and as a result, potential common shares from stock options, common stock warrants, RSUs, and the assumed release of outstanding shares under the ESPP were not included in the diluted shares used to calculate net loss per share, as their inclusion would have been anti-dilutive. The following table sets forth the potentially dilutive shares excluded from the computation of diluted net loss per common share because their effect was anti-dilutive:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Common stock warrants

 

 

 

 

 

127,598

 

 

 

 

 

 

127,598

 

Options to purchase common stock

 

 

5,646,214

 

 

 

5,624,766

 

 

 

5,646,214

 

 

 

5,624,766

 

Unvested RSUs

 

 

985,446

 

 

 

629,470

 

 

 

985,446

 

 

 

629,470

 

ESPP

 

 

69,380

 

 

 

95,403

 

 

 

69,380

 

 

 

95,403

 

Total

 

 

6,701,040

 

 

 

6,477,237

 

 

 

6,701,040

 

 

 

6,477,237