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Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Weighted average number of common shares outstanding

The following table presents the computation of basic and diluted net loss per share for continuing and discontinued operations (in thousands, except per share amounts):

 

 

 

Three Months Ended

March 31,

 

 

 

2017

 

 

2016

 

Numerator:

 

 

 

 

 

 

 

 

Loss from continuing operations

 

$

(5,424

)

 

$

(4,248

)

Loss from discontinued operations

 

 

(91

)

 

 

(2,369

)

Net loss

 

$

(5,515

)

 

$

(6,617

)

Denominator:

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

9,089

 

 

 

8,513

 

Weighted average unvested common shares subject

   to repurchase

 

 

(84

)

 

 

(47

)

Weighted average common shares outstanding—basic

 

 

9,005

 

 

 

8,466

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

Conversion of preferred stock

 

 

 

 

 

 

Options

 

 

 

 

 

 

Warrants

 

 

 

 

 

 

Weighted average common shares outstanding—diluted

 

 

9,005

 

 

 

8,466

 

Net loss per share, basic and diluted:

 

 

 

 

 

 

 

 

Continuing operations

 

$

(0.60

)

 

$

(0.50

)

Discontinued operations

 

 

(0.01

)

 

 

(0.28

)

Net loss per share, basic and diluted

 

$

(0.61

)

 

$

(0.78

)

 

Weighted-average anti-dilutive securities not included in diluted net loss per share

The anti-dilutive securities not included in diluted net loss per share were as follows (in thousands):

 

 

 

Three Months Ended

March 31,

 

 

 

2017

 

 

2016

 

Options to purchase common stock

 

 

1,164

 

 

 

629

 

Unvested restricted share awards

 

 

84

 

 

 

47

 

Series A Convertible Preferred Stock

 

 

7,622

 

 

 

 

Warrants to purchase common stock

 

 

9,440

 

 

 

962

 

Total

 

 

18,310

 

 

 

1,638