Net Loss Per Share (Tables)

3 Months Ended

Mar. 31, 2018

Schedule of Earnings Per Share, Basic and Diluted

The following presents a reconciliation of the numerator and denominator used in the calculation of basic net loss per share and a reconciliation of the numerator and denominator used in the calculation of diluted net loss per share (in thousands, except share and per share data):


	Three Months Ended March 31,
	2018			2017
Numerator:
Net loss, as reported	$	(1,199	)	$	(1,075	)
Less: net loss attributable to participating securities		—			—

Net loss available to common shareholders—basic and diluted	$	(1,199	)	$	(1,075	)

Denominator:
Weighted-average shares of common stock outstanding		41,846,619			41,469,616
Less: weighted-average shares of unvested restricted common stock outstanding		(1,840,830	)		(1,993,177	)

Weighted-average number of common shares used in computing basic and diluted net loss per common share		40,005,789			39,476,439

Net loss per share applicable to common shareholders—basic and diluted	$	(0.03	)	$	(0.03	)

Schedule of Anti-Dilutive Securities Excluded from Computation of Earnings Per Share

The following common share equivalents have been excluded from the computation of diluted weighted-average shares outstanding, as their effect would have been anti-dilutive:


	Three Months Ended March 31,
	2018		2017
Options		620,312		952,422
Unvested restricted common stock		685,719		551,499
Unvested restricted stock units		64,024		59,582