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Net Loss per Share
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Net Loss per Share

12.

Net Loss per Share

The following table sets forth the computation of the Company’s basic and diluted net loss per share for the periods presented (in thousands, except share and per share data):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

 

 

(Unaudited)

 

Net loss

 

$

(10,260

)

 

$

(7,569

)

 

$

(30,889

)

 

$

(24,180

)

Gain due to repurchase of Series A preferred stock

 

 

 

 

 

 

 

 

 

 

 

9

 

Net loss attributable to common stockholders

 

$

(10,260

)

 

$

(7,569

)

 

$

(30,889

)

 

$

(24,171

)

Weighted-average common shares used in computing

   net loss per share, basic and diluted

 

 

29,157,069

 

 

 

900,062

 

 

 

10,433,051

 

 

 

887,189

 

Net loss per share, basic and diluted

 

$

(0.35

)

 

$

(8.41

)

 

$

(2.96

)

 

$

(27.25

)

 

The following weighted-average common stock equivalents were excluded from the calculation of diluted net loss per share for the periods presented because including them would have had an anti-dilutive effect:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

 

 

(Unaudited)

 

Convertible preferred stock (if converted)

 

 

7,265,258

 

 

 

25,034,977

 

 

 

22,138,427

 

 

 

25,035,220

 

Options to purchase common stock

 

 

5,535,394

 

 

 

4,164,151

 

 

 

4,701,033

 

 

 

3,627,700

 

Stock warrants (if converted)

 

 

269,079

 

 

 

128,231

 

 

 

175,696

 

 

 

128,231