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Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss Per Share for Continuing and Discontinued Operations

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

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss from continuing operations

 

$

(12,406

)

 

$

(7,064

)

 

$

(25,322

)

 

$

(8,918

)

Loss from discontinued operations

 

 

(30

)

 

 

(12

)

 

 

(82

)

 

 

(74

)

Net loss

 

$

(12,436

)

 

$

(7,076

)

 

$

(25,404

)

 

$

(8,992

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

47,143

 

 

 

34,030

 

 

 

46,233

 

 

 

27,656

 

Weighted average unvested common shares subject

   to repurchase

 

 

(263

)

 

 

 

 

 

(276

)

 

 

-

 

Weighted average common shares outstanding—basic and diluted

 

 

46,880

 

 

 

34,030

 

 

 

45,957

 

 

 

27,656

 

Net loss per share, basic and diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(0.26

)

 

$

(0.21

)

 

$

(0.55

)

 

$

(0.32

)

Discontinued operations

 

$

(0.00

)

 

$

(0.00

)

 

$

(0.00

)

 

$

(0.00

)

Net loss per share, basic and diluted

 

$

(0.27

)

 

$

(0.21

)

 

$

(0.55

)

 

$

(0.32

)

 

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):

 

 

 

As of

June 30,

 

 

 

2019

 

 

2018

 

Options to purchase common stock

 

 

4,253

 

 

 

3,313

 

Unvested restricted share awards

 

 

6,641

 

 

 

2,139

 

Series A Convertible Preferred Stock

 

 

164

 

 

 

2,022

 

Convertible Notes

 

 

 

 

 

988

 

Warrants to purchase common stock

 

 

26,885

 

 

 

20,932

 

Total

 

 

37,943

 

 

 

29,394