The computation of basic net loss per share is based on the weighted-average number of shares of common stock outstanding during each period. The computation of diluted net loss per share is based on the weighted-average number of shares outstanding during the period plus, when their effect is dilutive, incremental shares consisting of shares subject to stock options, restricted stock units, employee stock purchase plan purchase rights and warrants.

The following table summarizes the computation of basic and diluted net loss per share (in thousands, except share and per share data):


	Three Months Ended March 31,
	2026			2025
Numerator:
Net loss	$	(7,005	)	$	(1,484	)
Denominator:
Weighted-average shares outstanding, basic and diluted		12,857,891			12,648,370
Net loss per share, basic and diluted	$	(0.54	)	$	(0.12	)

The following potentially dilutive shares outstanding at the end of the periods presented were excluded in the calculation of diluted net loss per share as the effect would have been anti-dilutive:


	Three Months Ended March 31,
	2026		2025
Options to purchase common stock		1,761,223		1,781,372
Unvested restricted stock units		2,213,013		2,254,315
Estimated shares to be purchased under 2017 Employee Stock Purchase Plan in Q2		49,338		40,393
Total		4,023,574		4,076,080