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Net Loss per Share (Tables)
9 Months Ended
Sep. 30, 2016
Net Loss per Share  
Basic and diluted net loss per share attributable to common stockholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30, 

 

September 30, 

 

 

 

2016

 

2015

 

2016

 

2015

 

Numerator:

    

 

    

    

 

    

  

 

    

    

 

    

 

Net loss

 

$

(10,694)

 

$

(10,632)

 

$

(36,604)

 

$

(15,849)

 

Accretion of redeemable convertible preferred stock

 

 

 —

 

 

(1,020)

 

 

 —

 

 

(2,353)

 

Net loss attributable to common stockholders

 

$

(10,694)

 

$

(11,652)

 

$

(36,604)

 

$

(18,202)

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding

 

 

21,415,871

 

 

2,730,427

 

 

20,752,590

 

 

2,730,427

 

Less: Weighted average shares of unvested restricted common stock outstanding

 

 

 —

 

 

(455,810)

 

 

 —

 

 

(574,742)

 

Weighted average common shares outstanding used in calculating net loss per share attributable to common stockholders, basic and diluted

 

 

21,415,871

 

 

2,274,617

 

 

20,752,590

 

 

2,155,685

 

Net loss per share attributable to common stockholders, basic and diluted

 

$

(0.50)

 

$

(5.12)

 

$

(1.76)

 

$

(8.44)

 

 

Potential common shares excluded from the calculation of diluted net loss per share attributable to common stockholders

 

 

 

 

 

 

 

 

2016

 

2015

 

 

 

 

 

 

 

Stock options to purchase common stock

 

1,867,501

 

1,140,524

 

Restricted stock unit awards

 

89,000

 

 —

 

Unvested restricted common stock

 

 —

 

399,757

 

Convertible preferred stock (as converted to common stock)

 

 —

 

11,677,076

 

 

 

1,956,501

 

13,217,357