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Net Loss per Share (Tables)
12 Months Ended
Dec. 31, 2018
Net Loss per Share  
Basic and diluted net loss per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 

 

(in thousands, except per share data)

 

2018

 

2017

 

2016

 

 

    

 

 

    

(As Revised)

    

(As Revised)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

Net loss used to compute net loss per share, basic

 

$

(128,154)

 

$

(137,628)

 

$

(100,327)

 

 

 

 

 

 

 

 

 

 

 

 

Less:  Remeasurement gain on warrant liability

 

 

 —

 

 

(1,148)

 

 

 —

 

Net loss used to compute net loss per share, diluted

 

$

(128,154)

 

$

(138,776)

 

$

(100,327)

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

57,848

 

 

53,312

 

 

51,667

 

Less:  Weighted-average unvested common shares subject to repurchase

 

 

 —

 

 

 —

 

 

(91)

 

Weighted-average number of shares used in computing net loss per share, basic

 

 

57,848

 

 

53,312

 

 

51,576

 

 

 

 

 

 

 

 

 

 

 

 

Add:  Incremental shares from assumed exercise of warrants

 

 

 —

 

 

292

 

 

 —

 

Weighted-average number of shares used in computing net loss per share, diluted

 

 

57,848

 

 

53,604

 

 

51,576

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per share, basic

 

$

(2.22)

 

$

(2.58)

 

$

(1.95)

 

Net loss per share, diluted

 

$

(2.22)

 

$

(2.59)

 

$

(1.95)

 

 

 

 

 

 

 

 

 

 

 

 

 

Total outstanding potentially dilutive shares not included in the calculation of dilutive EPS

 

 

 

 

 

 

 

 

 

 

As of December 31,

 

 

     

2018

    

2017

    

2016

 

 

 

 

 

 

 

 

 

Options to purchase common stock

 

9,463

 

9,963

 

9,043

 

Warrants to purchase common stock

 

 —

 

 —

 

377

 

Restricted stock units

 

1,084

 

389

 

159

 

Employee stock purchase plan

 

42

 

79

 

90

 

 

 

10,589

 

10,431

 

9,669