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Net Loss per Share (Tables)
6 Months Ended
Jun. 30, 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):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(28,090

)

 

$

(13,533

)

 

$

(45,760

)

 

$

(26,488

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

45,409,588

 

 

 

44,450,312

 

 

 

44,970,831

 

 

 

28,248,337

 

Less: weighted-average common shares subject to vesting

 

 

(1,611,870

)

 

 

(1,916,671

)

 

 

(1,317,506

)

 

 

(2,012,330

)

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

 

 

43,797,718

 

 

 

42,533,641

 

 

 

43,653,325

 

 

 

26,236,007

 

Net loss per share: basic and diluted

 

$

(0.64

)

 

$

(0.32

)

 

$

(1.05

)

 

$

(1.01

)

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

The following outstanding 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:

 

 

 

Six Months Ended June 30,

 

 

 

2019

 

 

2018

 

Common stock options issued and outstanding

 

 

4,449,690

 

 

 

1,221,862

 

Unvested restricted common stock

 

 

1,257,651

 

 

 

636,574

 

Unvested early exercised common stock options

 

 

665,301

 

 

 

1,181,717

 

Total

 

 

6,372,642

 

 

 

3,040,153