Net Loss per Share (Tables)

9 Months Ended

Sep. 30, 2020

Summary of Basic and Diluted Net Loss Per Share of Common Stock

The following table summarizes the computation of basic and diluted net loss per share of our common stock for the three and nine months ended September 30, 2020 and 2019:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
	(in thousands, except share and per share data)
Numerator:
Net loss	$	(25,541)	$	(14,406)	$	(69,931)	$	(39,499)
Denominator:
Weighted-average common shares outstanding, basic and diluted	51,293,210		49,020,449		50,707,553		48,437,686
Net loss per share attributable to common stockholders, basic and diluted	$	(0.50)	$	(0.29)	$	(1.38)	$	(0.82)

Anti-Dilutive Securities Excluded from Computation Diluted Weighted Average Shares Outstanding

The following potentially dilutive securities outstanding, prior to the use of the treasury stock method or if-converted method, have been excluded from the computation of diluted weighted-average shares outstanding for the respective periods below because they would have been anti-dilutive:


	As of September 30,
	2020	2019
Options to purchase common stock	2,066,748	2,977,698
Unvested restricted stock units	3,261,623	3,249,228
Common shares to be issued to DivvyCloud founders	200,596	—
Shares to be issued under ESPP	23,805	10,822
Shares underlying the conversion spread in the 2023 Notes	1,774,460	—
Total	7,327,232	6,237,748