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Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2014
Net Loss Per Share  
Schedule of basic and diluted net loss per share

Basic and diluted net loss per share is calculated as follows (in thousands, except share and per share numbers):

 

 

 

Three Months Ended
June 30,

 

Six Months Ended
June 30,

 

 

 

2014

 

2013

 

2014

 

2013

 

Numerator:

 

 

 

 

 

 

 

 

 

Net loss

 

$

(12,609

)

$

(19,512

)

$

(27,097

)

$

(27,817

)

Accretion of Preferred Stock

 

(4,031

)

(4,368

)

(9,000

)

(7,950

)

Loss attributable to common stockholders - basic and diluted

 

$

(16,640

)

$

(23,880

)

$

(36,097

)

$

(35,767

)

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted-average number of common shares used in loss per share - basic and diluted (1)

 

7,500,148

 

381,525

 

3,962,559

 

380,942

 

Loss per share - basic and diluted

 

$

(2.22

)

$

(62.59

)

$

(9.11

)

$

(93.89

)

 

(1)              Common shares adjusted for 2.28:1 stock split that was affected April 24, 2014.

Schedule of potentially dilutive securities excluded from the computation of diluted weighted-average shares outstanding

 

 

 

 

Three Months Ended
June 30,

 

Six Months Ended
June 30,

 

 

 

2014

 

2013

 

2014

 

2013

 

Convertible preferred stock

 

7,043,931

 

7,041,888

 

7,779,266

 

6,452,734

 

Options to purchase common stock

 

2,621,820

 

1,706,787

 

2,373,083

 

1,708,460

 

Warrants

 

1,311,356

 

589,328

 

1,161,639

 

303,751