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Net Loss per Share
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Net Loss per Share

Note 12. Net Loss per Share

The following table summarizes the computation of basic and diluted net loss per share (in thousands, except share and per share data):

 

 

 

Year Ended December 31,

 

 

 

2015

 

 

2016

 

 

2017

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(6,191

)

 

$

(6,860

)

 

$

(9,980

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding, basic and

   diluted

 

 

1,552,780

 

 

 

1,602,402

 

 

 

6,197,775

 

Net loss per share

 

$

(3.99

)

 

$

(4.28

)

 

$

(1.61

)

 

The following potentially dilutive shares outstanding at the end of the periods presented were excluded in the calculation of diluted net loss per share as the effect would have been anti-dilutive:

 

 

 

Year Ended December 31,

 

 

 

2015

 

 

2016

 

 

2017

 

Options to purchase common stock

 

 

938,250

 

 

 

1,130,141

 

 

 

1,294,128

 

Unvested restricted stock units

 

 

 

 

 

 

 

 

47,312

 

Warrants to purchase Series B-1 convertible

   preferred or common stock

 

 

680,027

 

 

 

680,027

 

 

 

468,278

 

Series B-1 convertible preferred stock (as-converted)

 

 

3,848,023

 

 

 

3,848,023

 

 

 

 

Series A-2 convertible preferred stock (as-converted)

 

 

841,730

 

 

 

841,730

 

 

 

 

Total

 

 

6,308,030

 

 

 

6,499,921

 

 

 

1,809,718