Annual report pursuant to Section 13 and 15(d)

Net Loss per Share

v3.20.4
Net Loss per Share
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Net Loss per Share Net Loss per ShareBasic net loss per share is computed by dividing the net loss by the weighted-average number of shares of common stock outstanding, less restricted stock awards (“RSAs”) subject to forfeiture. Diluted net loss per share is computed by dividing net loss by the weighted-average number of shares of common stock shares outstanding, less RSAs subject to forfeiture, plus all additional common shares that would have been outstanding, assuming dilutive potential common stock shares had been issued for other dilutive securities. For periods presented, diluted and basic net loss per share are identical since potential common stock shares are excluded from the calculation, as their effect was anti-dilutive.
Anti-Dilutive Securities
In periods of net loss, the weighted average number of shares outstanding, prior to the application of the treasury stock method, excludes potentially dilutive securities from the computation of diluted net loss per common share because including such shares would have an anti-dilutive effect.
The following shares were not considered in the computation of diluted net loss per share because their effect was anti-dilutive (in thousands):
  Year Ended December 31,
  2020 2019 2018
Shares issuable under the Equity Incentive Plan 5,348  4,763  6,339