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Net Loss Per Share (Tables)
9 Months Ended
Sep. 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

September 30,

 

 

Nine Months Ended

September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(14,543

)

 

$

(9,313

)

 

$

(39,865

)

 

$

(18,231

)

Discontinued operations

 

 

(24

)

 

 

(42

)

 

 

(106

)

 

 

(116

)

Net loss

 

$

(14,567

)

 

$

(9,355

)

 

$

(39,971

)

 

$

(18,347

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

56,010

 

 

 

42,497

 

 

 

49,528

 

 

 

32,658

 

Weighted average unvested common shares subject

   to repurchase

 

 

(274

)

 

 

 

 

 

(276

)

 

 

 

Weighted average common shares outstanding—basic and diluted

 

 

55,736

 

 

 

42,497

 

 

 

49,252

 

 

 

32,658

 

Net loss per share, basic and diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(0.26

)

 

$

(0.22

)

 

$

(0.81

)

 

$

(0.56

)

Discontinued operations

 

$

(0.00

)

 

$

(0.00

)

 

$

(0.00

)

 

$

(0.00

)

Net loss per share, basic and diluted

 

$

(0.26

)

 

$

(0.22

)

 

$

(0.81

)

 

$

(0.56

)

 

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

September 30,

 

 

 

2019

 

 

2018

 

Options to purchase common stock

 

 

4,270

 

 

 

4,880

 

Unvested restricted share awards

 

 

6,755

 

 

 

3,542

 

Series A Convertible Preferred Stock

 

 

67

 

 

 

2,022

 

Convertible Notes

 

 

 

 

 

988

 

Warrants to purchase common stock

 

 

26,739

 

 

 

20,932

 

Total

 

 

37,831

 

 

 

32,364