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Net Loss Per Common Share (Tables)
6 Months Ended
Jun. 30, 2017
Net Loss Per Common Share  
Computation of Basic and Diluted Net Loss Per Share

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30, 

 

June 30, 

 

 

    

2017

    

2016

    

2017

    

2016

    

Numerator:

 

 

  

 

 

  

 

 

  

 

 

  

 

Net loss

 

$

(5,187)

 

$

(5,416)

 

$

(11,273)

 

$

(9,956)

 

Denominator:

 

 

  

 

 

  

 

 

  

 

 

  

 

Weighted-average common shares outstanding

 

 

12,583,325

 

 

3,018,567

 

 

12,541,245

 

 

3,016,935

 

Less: weighted-average unvested common shares subjected to repurchase

 

 

(169,801)

 

 

(461,538)

 

 

(184,179)

 

 

(461,538)

 

Weighted-average common shares outstanding used to calculate net loss per common share, basic and diluted

 

 

12,413,524

 

 

2,557,029

 

 

12,357,066

 

 

2,555,397

 

Net loss per common share, basic and diluted

 

$

(0.42)

 

$

(2.12)

 

$

(0.91)

 

$

(3.90)

 

 

Schedule of Potentially Dilutive Securities Excluded from Diluted Net Loss Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30, 

 

June 30, 

 

 

    

2017

    

2016

    

2017

    

2016

 

Redeemable convertible preferred stock on an as-converted basis

 

 —

 

2,486,199

 

 —

 

2,486,199

 

Options to purchase common stock

 

1,268,665

 

862,383

 

1,268,665

 

862,383

 

Common stock subject to repurchase

 

153,846

 

461,538

 

153,846

 

461,538

 

Redeemable convertible preferred stock warrants on an as-converted basis

 

 —

 

27,690

 

 —

 

27,690

 

Common stock warrants

 

27,690

 

 —

 

27,690

 

 —

 

Total

 

1,450,201

 

3,837,810

 

1,450,201

 

3,837,810