XML 34 R24.htm IDEA: XBRL DOCUMENT v2.4.0.8
Net Loss per Share (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Net Loss Per Share of Common Stock Attributable to Company's Common Stockholders

The following table presents the calculation of basic and diluted net loss per share of common stock attributable to the Company’s common stockholders (in thousands, except share and per share data):

 

     Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
     2014     2013     2014     2013  

Net loss per share:

        

Numerator:

        

Net loss

   $ (21,060 )    $ (11,415 )    $ (58,339 )    $ (20,308 ) 

Deemed dividend related to the beneficial conversion feature of Series F convertible preferred stock

     —          —          (14,840 )      —     

Net loss attributable to common stockholders

     (21,060 )      (11,415 )      (73,179 )      (20,308 ) 

Net loss attributable to preferred stockholders

     1,183        —          3,329        —     

Net loss attributable to common stockholders — basic and diluted

     (19,877 )      (11,415 )      (69,850 )      (20,308 ) 
  

 

 

   

 

 

   

 

 

   

 

 

 

Denominator:

        

Weighted average common shares outstanding, basic and diluted

     33,609,212        8,005,142        29,664,548        2,828,757   

Net loss per share attributable to common stockholders, basic and diluted

   $ (0.59 )    $ (1.43 )    $ (2.35 )    $ (7.18 ) 
  

 

 

   

 

 

   

 

 

   

 

 

 

Schedule of Anti-Dilutive Securities Excluded from Calculation of Diluted Net Loss Per Share

Securities that may potentially dilute earnings per share in the future that have not been included in the calculation of diluted net loss per share because to do so would be anti-dilutive are as follows (in common equivalent shares):

 

     Three months ended
September 30,
     Nine months ended
September 30,
 
     2014      2013      2014      2013  

Convertible preferred stock

     2,000,000        —           2,000,000        —     

Common stock options

     4,483,207         2,818,732         4,483,207         2,818,732   

Warrants

     9,356         16,332         9,356         16,332   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

     6,492,563         2,835,064         6,492,563         2,835,064