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Net Loss Per Common Share
12 Months Ended
Dec. 31, 2015
Net Loss Per Common Share  
Net Loss Per Common Share

4. Net Loss Per Common Share

        Basic and diluted net loss per common share is determined by dividing net loss by the weighted average common shares outstanding during the period. For the periods where there is a net loss, stock options, RSUs and warrants have been excluded from the calculation of diluted net loss per common share because their effect would be anti-dilutive. Therefore, the weighted average common shares used to calculate both basic and diluted net loss per common share would be the same. The following table sets forth the computation of basic and diluted net loss per common share for the periods indicated:

                                                                                                                                                                                    

 

 

Years ended December 31,

 

 

 

2015

 

2014

 

2013

 

Basic and diluted net loss per common share calculation:

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(105,717

)

$

(116,772

)

$

(51,145

)

Accretion of preferred stock dividends

 

 

 

 

 

 

(5,891

)

​  

​  

​  

​  

​  

​  

Net loss attributable to common stockholders

 

$

(105,717

)

$

(116,772

)

$

(57,036

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Weighted average common shares outstanding

 

 

34,580

 

 

33,258

 

 

9,003

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Net loss per common share—basic and diluted

 

$

(3.06

)

$

(3.51

)

$

(6.34

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

        The following potentially dilutive securities have been excluded from the computations of diluted weighted average common shares outstanding for the periods presented, as they would be anti-dilutive:

                                                                                                                                                                                    

 

 

Years ended December 31,

 

 

 

2015

 

2014

 

2013

 

Options outstanding

 

 

3,009 

 

 

3,680 

 

 

2,708 

 

Restricted stock units

 

 

288 

 

 

37 

 

 

 

Warrants

 

 

 

 

14 

 

 

88 

 

​  

​  

​  

​  

​  

​  

Total

 

 

3,297 

 

 

3,731 

 

 

2,796 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​