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Net Loss Per Share (Tables)
12 Months Ended
Dec. 31, 2016
Net Loss Per Share  
Schedule of basic and diluted net loss per share applicable to common stockholders

The following table presents the calculation of basic and diluted net loss per share applicable to common stockholders (in thousands, except share and per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended

 

 

 

December 31, 

 

 

    

2016

    

2015

    

2014

 

Numerator:

    

 

 

    

 

 

    

 

 

 

Net loss

 

$

(54,804)

 

$

(45,290)

 

$

(31,390)

 

Accretion of redeemable convertible preferred stock to redemption value

 

 

 —

 

 

 —

 

 

(4,570)

 

Net loss applicable to common stockholders

 

$

(54,804)

 

$

(45,290)

 

$

(35,960)

 

Denominator:

 

 

 

 

 

 

 

 

 

 

Weighted-average number of common shares outstanding — basic and diluted

 

 

26,015,751

 

 

20,501,748

 

 

8,674,931

 

Net loss per share applicable to common stockholders — basic and diluted

 

$

(2.11)

 

$

(2.21)

 

$

(4.15)

 

 

Schedule of shares excluded from the calculation where the inclusion would be anti-dilutive

 

 

 

 

 

 

 

 

 

 

 

Year ended

 

 

 

December 31, 

 

 

    

2016

    

2015

    

2014

 

Options to purchase common shares

 

4,042,627

 

3,484,298

 

2,911,146

 

Restricted stock units

 

272,195

 

 —

 

 —

 

Warrants to purchase common stock

 

528,958

 

 —

 

 —

 

Total

 

4,843,780

 

3,484,298

 

2,911,146