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Net Loss per Share
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Net Loss per Share

17.

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):

 

  

 

Year Ended December 31,

 

 

 

2015

 

 

2014

 

 

2014

 

Net loss

 

$

(44,995

)

 

$

(33,800

)

 

$

(27,222

)

Cumulative dividends on convertible

  preferred stock

 

 

 

 

 

 

 

 

(2,898

)

Deemed capital contribution on conversion

   of Series C convertible preferred stock

   into common stock

 

 

 

 

 

 

 

 

8,783

 

Deemed dividend on convertible preferred

   stock extinguishment

 

 

 

 

 

 

 

 

(6,863

)

Deemed capital contribution on repurchase

   of Series A preferred stock

 

 

 

 

 

9

 

 

 

 

Net loss attributable to common stockholders

 

$

(44,995

)

 

$

(33,791

)

 

$

(28,200

)

Weighted-average common shares used in computing

   net loss per share, basic and diluted

 

 

17,432,434

 

 

 

892,315

 

 

 

815,340

 

Net loss per share, basic and diluted

 

$

(2.58

)

 

$

(37.87

)

 

$

(34.59

)

 

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:

 

 

 

Year Ended December 31,

 

 

 

2015

 

 

2014

 

 

2013

 

Convertible preferred stock (if converted)

 

 

16,558,330

 

 

 

25,078,396

 

 

 

20,901,591

 

Options to purchase common stock

 

 

5,032,768

 

 

 

3,766,704

 

 

 

2,799,118

 

Convertible preferred stock warrant

 

 

71,318

 

 

 

128,231

 

 

 

5,619

 

Common stock warrant

 

 

142,513