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Net Loss Per Share
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Net Loss Per Share

5. Net Loss Per Share

Because we have reported a net loss attributable to common stockholders for all periods presented, basic and diluted net loss per share attributable to common stockholders are the same for all periods presented. For periods presented, all preferred stock, unvested restricted stock, common stock warrants, and stock options have been excluded from the computation of diluted weighted-average shares outstanding because such securities would have an antidilutive impact.

The following table sets forth the computation of basic and diluted net loss per share:

 

     Three Months Ended September 30,      Nine Months Ended September 30,  
     2017      2016      2017      2016  

Numerator:

           

Net loss

   $ (29,905,237    $ (4,795,059    $ (37,594,401    $ (8,024,985

Less: preferred stock accretion and dividends

     (1,962,072      (104,548      (2,125,141      (247,562
  

 

 

    

 

 

    

 

 

    

 

 

 

Net loss attributed to common stockholders

   $ (31,867,309    $ (4,899,607    $ (39,719,542    $ (8,272,547
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator:

           

Weighted-average common shares outstanding, basic and diluted

     15,527,867        6,911,715        11,595,698        6,911,366  
  

 

 

    

 

 

    

 

 

    

 

 

 

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

   $ (2.05    $ (0.71    $ (3.43    $ (1.20
  

 

 

    

 

 

    

 

 

    

 

 

 

Potential common shares issuable upon conversion, vesting or exercise of convertible preferred stock, redeemable preferred stock, unvested restricted stock, common stock warrants, and stock options that are excluded from the computation of diluted weighted-average shares outstanding are as follows:

 

    

Three Months Ended

September 30,

    

Nine Months Ended

September 30,

 
     2017      2016      2017      2016  

Convertible preferred stock

     —          517,860        —          411,736  

Redeemable preferred stock

     5,863,564        —          5,863,564        —    

Common stock warrants

     2,350,085        538,003        2,350,085        442,910  

Common stock options

     1,720,004        831,248        1,720,004        838,595  

Restricted stock

     25,559        —          25,559        —