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Net Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss Per Share Attributable to Common Stockholders

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

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

In thousands, except for net loss per share

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Net loss

 

$

(30,737

)

 

$

(6,683

)

 

$

(58,761

)

 

$

(12,247

)

Accretion of redeemable series A-1 preferred stock

 

 

(6,542

)

 

 

(5,030

)

 

 

(17,601

)

 

 

(14,341

)

Redeemable series A-1 preferred stock deemed dividend

 

 

(24,341

)

 

 

 

 

 

(24,341

)

 

 

 

Convertible and redeemable series A-2 preferred stock dividend

 

 

(2,870

)

 

 

 

 

 

(2,870

)

 

 

 

Net loss attributable to common stockholders – basic

   and diluted

 

 

(64,490

)

 

 

(11,713

)

 

 

(103,573

)

 

 

(26,588

)

Weighted-average common shares outstanding –

   basic and diluted

 

 

21,554

 

 

 

8,718

 

 

 

13,669

 

 

 

8,640

 

Net loss per share attributable to common stockholders –

   basic and diluted

 

$

(2.99

)

 

$

(1.34

)

 

$

(7.58

)

 

$

(3.08

)

Equity Shares Excluded from Calculation of Diluted Net Loss per Share Attributable to Common Stockholders

The following equity shares were excluded from the calculation of diluted net loss per share attributable to common stockholders because their effect would have been anti-dilutive for the three and nine months ended September 30, 2020 and September 30, 2019:

 

 

 

September 30,

 

 

 

2020

 

 

2019

 

Stock options

 

 

2,423,900

 

 

 

2,062,825

 

Restricted stock

 

 

176,384

 

 

 

158,426

 

Warrants

 

 

116,350

 

 

 

116,350