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Net Income (Loss) Per Common Share (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Reconciliation of the Numerators and Denominators of Basic and Diluted Net Loss Per Common Share

The following is a reconciliation of the numerators and denominators of basic and diluted net loss per common share:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss used to compute net loss per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(7,742

)

 

$

(7,714

)

 

$

(22,639

)

 

$

(16,993

)

Adjustment for change in fair value of liability classified stock options

 

 

(20

)

 

 

 

 

 

(182

)

 

 

 

Diluted

 

$

(7,762

)

 

$

(7,714

)

 

$

(22,821

)

 

$

(16,993

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

17,998,420

 

 

 

15,268,964

 

 

 

17,980,608

 

 

 

14,690,357

 

Adjustment for dilutive effect of stock options

 

 

11,559

 

 

 

 

 

 

19,458

 

 

 

 

Diluted

 

 

18,009,979

 

 

 

15,268,964

 

 

 

18,000,066

 

 

 

14,690,357

 

Net loss per common share - basic

 

$

(0.43

)

 

$

(0.51

)

 

$

(1.26

)

 

$

(1.16

)

Net loss per common share - diluted

 

$

(0.43

)

 

$

(0.51

)

 

$

(1.27

)

 

$

(1.16

)