Annual report pursuant to Section 13 and 15(d)

Net Loss Per Share Attributable to Common Stockholders

v3.20.1
Net Loss Per Share Attributable to Common Stockholders
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Net Loss Per Share Attributable to Common Stockholders

NOTE 12 Net Loss Per Share Attributable to Common Stockholders

Net loss per share attributable to common stockholders for the years ended December 31, 2019 and 2018, was determined by decreasing Net income or increasing Net loss for the years then ended by the number of cumulative dividends, not yet declared, on the Company's previously outstanding convertible preferred stock. The following table sets forth the computation of the Company’s basic and diluted net loss per share attributable to common stockholders for the periods ended:

 

 

 

For the Years Ended

 

 

 

December 31

 

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

Net loss allocable to common stockholders

 

$

(25,834

)

 

$

(8,875

)

Denominator:

 

 

 

 

 

 

 

 

Weighted-average shares used in computing

   net loss per share, basic and diluted

 

 

18,603,582

 

 

 

3,447,283

 

Net loss per share, basic and diluted

 

$

(1.39

)

 

$

(2.57

)

 

The potentially dilutive common shares that were excluded from the calculation of diluted net loss per share because their effect would have been antidilutive for the periods ended:

 

 

 

For the Years Ended

 

 

 

December 31

 

 

 

2019

 

 

2018

 

Shares subject to options to purchase common stock

 

 

2,645,714

 

 

 

1,320,197

 

Unvested restricted stock units

 

 

249,500

 

 

 

 

Shares subject to warrants to purchase common stock

 

 

956

 

 

 

156,294

 

Shares subject to term debt optional conversion into common stock

 

 

761,186

 

 

 

1,099,278

 

Total

 

 

3,657,356

 

 

 

2,575,769