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Net Loss Per Common Share
9 Months Ended
Sep. 30, 2018
Net Loss Per Common Share  
Net Loss Per Common Share

10. 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

 

Nine Months Ended

 

 

 

September 30, 

 

September 30, 

 

 

    

2018

    

2017

    

2018

    

2017

    

Numerator:

 

 

  

 

 

  

 

 

  

 

 

  

 

Net loss

 

$

(5,629)

 

$

(5,446)

 

$

(14,274)

 

$

(16,719)

 

Denominator:

 

 

  

 

 

  

 

 

  

 

 

  

 

Weighted-average common shares outstanding

 

 

16,970,266

 

 

12,700,802

 

 

16,185,122

 

 

12,595,015

 

Less: weighted-average unvested common shares subjected to repurchase

 

 

(25,606)

 

 

(140,990)

 

 

(54,240)

 

 

(169,625)

 

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

 

 

16,944,660

 

 

12,559,812

 

 

16,130,882

 

 

12,425,390

 

Net loss per common share, basic and diluted

 

$

(0.33)

 

$

(0.43)

 

$

(0.88)

 

$

(1.35)

 

 

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

 

Nine Months Ended

 

 

 

September 30, 

 

September 30, 

 

 

    

2018

    

2017

    

2018

    

2017

 

Options to purchase common stock

 

1,494,534

 

1,595,415

 

1,494,534

 

1,595,415

 

Restricted stock units

 

94,480

 

10,000

 

94,480

 

10,000

 

Common stock subject to repurchase

 

9,615

 

125,000

 

9,615

 

125,000

 

Common stock warrants

 

27,836

 

27,690

 

27,836

 

27,690

 

Total

 

1,626,465

 

1,758,105

 

1,626,465

 

1,758,105