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Net Loss per Share
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Net Loss per Share

10. Net Loss per Share

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

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(38,174

)

 

$

(18,413

)

 

$

(75,644

)

 

$

(36,233

)

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

46,067,571

 

 

 

37,490,960

 

 

 

43,305,587

 

 

 

36,694,820

 

Less: weighted average shares subject to repurchase

 

 

(1,670

)

 

 

(50,936

)

 

 

(4,170

)

 

 

(74,073

)

Weighted average shares used to compute basic and diluted net

   loss per share

 

 

46,065,901

 

 

 

37,440,024

 

 

 

43,301,417

 

 

 

36,620,747

 

Net loss per share, basic and diluted

 

$

(0.83

)

 

$

(0.49

)

 

$

(1.75

)

 

$

(0.99

)

 

The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented because including them would have been antidilutive:

 

 

 

As of June 30,

 

 

 

2019

 

 

2018

 

Common stock subject to repurchase

 

 

 

 

 

32,361

 

Options and awards issued and outstanding

 

 

5,303,268

 

 

 

3,904,668

 

 

As of June 30, 2019, the Company has contributions from plan participants of $0.3 million under the 2015 ESPP, which if converted, would be equivalent to approximately 8,000 shares based on 85% of the stock price at the beginning of the offering period. As of June 30, 2018, the Company had contributions from plan participants of $0.2 million under the 2015 ESPP, which if converted, would have been equivalent to approximately 5,000 shares based on 85% of the stock price at the beginning of the offering period.