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Net Loss Per Common Share
6 Months Ended
Jun. 30, 2018
Net Loss Per Common Share  
Net Loss Per Common Share

11. Net Loss Per Common 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, 

 

 

    

2018

    

2017

    

2018

    

2017

    

 

 

(As restated)

 

 

 

(As restated)

 

 

 

Numerator:

 

 

  

 

 

  

 

 

  

 

 

  

 

Net loss

 

$

(7,369)

 

$

(5,187)

 

$

(8,646)

 

$

(11,273)

 

Denominator:

 

 

  

 

 

  

 

 

  

 

 

  

 

Weighted-average common shares outstanding

 

 

16,689,677

 

 

12,583,325

 

 

15,786,043

 

 

12,541,245

 

Less: weighted-average unvested common shares subjected to repurchase

 

 

(54,416)

 

 

(169,801)

 

 

(68,795)

 

 

(184,179)

 

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

 

 

16,635,261

 

 

12,413,524

 

 

15,717,248

 

 

12,357,066

 

Net loss per common share, basic and diluted

 

$

(0.44)

 

$

(0.42)

 

$

(0.55)

 

$

(0.91)

 

 

The following outstanding shares of potentially dilutive securities have been excluded from diluted net loss per common share for the periods presented, because their inclusion would be anti-dilutive:

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30, 

 

June 30, 

 

 

    

2018

    

2017

    

2018

    

2017

 

Options to purchase common stock

 

1,696,187

 

1,268,665

 

1,696,187

 

1,268,665

 

Restricted stock units

 

89,230

 

 —

 

89,230

 

 —

 

Common stock subject to repurchase

 

38,462

 

153,846

 

38,462

 

153,846

 

Common stock warrants

 

27,690

 

27,690

 

27,690

 

27,690

 

Total

 

1,851,569

 

1,450,201

 

1,851,569

 

1,450,201