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Net Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss Per Share

The computation of the Company’s basic and diluted net loss per share are as follows (in thousands, except share and per share amounts):

 

 

 

For the Three Months

 

 

For the Nine Months

 

 

 

Ended September 30,

 

 

Ended September 30,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(2,768

)

 

$

(15,214

)

 

$

(13,223

)

 

$

(44,166

)

Deemed dividend to convertible preferred

   stockholders

 

 

(24,890

)

 

 

 

 

 

(24,890

)

 

 

 

Net income (loss) available to common

   stockholders

 

 

(27,658

)

 

 

(15,214

)

 

 

(38,113

)

 

 

(44,166

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares used to compute

   net loss per share available to common

   stockholders, basic and diluted

 

 

67,732

 

 

 

23,943

 

 

 

39,612

 

 

 

22,282

 

Basic and diluted

 

$

(0.41

)

 

$

(0.64

)

 

$

(0.96

)

 

$

(1.98

)

 

Schedule of Shares Excluded from Computation of Earnings Per Share

The following shares were excluded from the computation of diluted net loss per share as the impact of including those shares would be anti-dilutive:

 

 

 

For the Three Months

 

 

For the Nine Months

 

 

 

Ended September 30,

 

 

Ended September 30,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Preferred stock

 

 

 

 

 

54,841

 

 

 

 

 

 

54,841

 

Outstanding stock options

 

 

13,754

 

 

 

11,166

 

 

 

12,262

 

 

 

9,620

 

Unvested restricted stock units

 

 

1,315

 

 

 

340

 

 

 

1,070

 

 

 

107

 

Total

 

 

15,069

 

 

 

66,347

 

 

 

13,332

 

 

 

64,568