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Net Loss per Share
6 Months Ended
Jun. 30, 2017
Net Loss per Share  
Net Loss per Share

8. Net Loss per Share

 

Basic and diluted net loss per share is summarized in the following table:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30, 

 

June 30, 

 

 

 

2017

 

2016

    

2017

    

2016

 

Numerator:

    

 

    

    

 

    

 

 

    

    

 

    

 

Net loss

 

$

(14,838)

 

$

(12,871)

 

$

(27,397)

 

$

(25,910)

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding

 

 

26,594,854

 

 

20,663,088

 

 

26,339,250

 

 

20,417,301

 

Net loss per share, basic and diluted

 

$

(0.56)

 

$

(0.62)

 

$

(1.04)

 

$

(1.27)

 

 

The Company’s potentially dilutive securities, which included stock options, RSUs, preferred stock and shares of restricted common stock that were issued but not yet vested, have been excluded from the computation of diluted net loss per share since the effect would be to reduce the net loss per share. Therefore, the weighted average number of common shares outstanding used to calculate both basic and diluted net loss per share is the same.  The following table presents potential common shares excluded from the calculation of diluted net loss per share for both the three and six months ended June 30, 2017 and 2016.  All share amounts presented in the table below represent the total number outstanding as of June 30, 2017 and 2016.

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 

 

 

 

2017

 

2016

 

 

 

 

 

 

 

Stock options to purchase common stock

 

2,773,066

 

1,913,419

    

Restricted stock unit awards

 

222,886

 

85,000

 

Total potential common shares

 

2,995,952

 

1,998,419