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Net Loss per Share
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Net Loss per Share

16. Net Loss per Share

The following table presents the computation of basic and diluted net loss per share for the three and six months ended June 30, 2014 and 2013:

 

     Three months ended
June 30,
    Six months ended
June 30,
 
     2014     2013     2014     2013  

Historical net loss per share:

        

Numerator:

        

Net loss attributable to Intrexon

   $ (52,043   $ (5,963   $ (47,928   $ (42,274

Accretion of dividends on redeemable convertible preferred stock

     —          (7,942     —          (14,347
  

 

 

   

 

 

   

 

 

   

 

 

 

Net loss attributable to common shareholders

   $ (52,043   $ (13,905   $ (47,928   $ (56,621
  

 

 

   

 

 

   

 

 

   

 

 

 

Denominator:

        

Weighted average shares outstanding, basic and diluted

     98,892,601        5,667,557        98,113,493        5,664,665   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net loss attributable to common shareholders per share, basic and diluted

   $ (0.53   $ (2.45   $ (0.49   $ (10.00
  

 

 

   

 

 

   

 

 

   

 

 

 

 

The following potentially dilutive securities as of June 30, 2014 and 2013, have been excluded from the above computations of diluted weighted average shares outstanding as they would have been anti-dilutive:

 

     June 30,  
     2014      2013  

Common shares issuable upon conversion of all Series Preferred

     —          75,402,332  

Options

     8,622,579        2,856,905  

Warrants

     373,102        511,098  
  

 

 

    

 

 

 

Total

     8,995,681        78,770,335  
  

 

 

    

 

 

 

In addition to the potentially dilutive securities in the table above, preferred stock cumulative dividends convertible into common shares at a price per share equal to the fair market value of a common share at the time of conversion have been excluded from the computation of diluted weighted-average shares outstanding as of June 30, 2013.