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Net Loss per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss per Share

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

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(276,213

)

 

$

(67,698

)

 

$

(57,010

)

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

44,767,581

 

 

 

38,466,233

 

 

 

33,098,571

 

Less: weighted average shares subject to repurchase

 

 

(2,085

)

 

 

(79,327

)

 

 

(266,057

)

Weighted average shares used to compute basic and diluted net loss per share

 

 

44,765,496

 

 

 

38,386,906

 

 

 

32,832,514

 

Net loss per share, basic and diluted

 

$

(6.17

)

 

$

(1.76

)

 

$

(1.74

)

Summary of Potentially Dilutive Securities Excluded from Computation of Diluted Net Loss per Share

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

 

 

 

As of December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

Common stock subject to repurchase

 

 

 

 

 

9,790

 

 

 

81,373

 

Options and awards issued and outstanding

 

 

5,315,254

 

 

 

3,864,407

 

 

 

2,964,549