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Net Loss Per Share (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss per Share of Common Stock

The following table sets forth the computation of basic and diluted net loss per share of common stock during the years ended December 31, 2016, 2015 and 2014:

 

 

 

For the Year Ended December 31,

 

 

 

2016

 

 

2015

 

 

2014

 

 

 

(in thousands, except share and per share data)

 

Net loss

 

$

(59,668

)

 

$

(26,458

)

 

$

(10,819

)

Weighted-average number of shares used in

   computing net loss per share

 

 

10,673,559

 

 

 

1,148,827

 

 

 

501,707

 

Net loss per share, basic and diluted

 

$

(5.59

)

 

$

(23.03

)

 

$

(21.56

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Anti-Dilutive Common Stock Equivalents Excluded from Computation of Diluted Net Loss per Share

The following outstanding shares of common stock equivalents were excluded from the computation of diluted net loss per share of common stock for the periods presented because including them would have been anti-dilutive:

 

 

 

For the Year Ended December 31,

 

 

 

2016

 

 

2015

 

 

2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Convertible preferred stock (on an as-if-

   converted basis)

 

 

—

 

 

 

13,820,301

 

 

 

9,447,378

 

Stock options to purchase common stock

 

 

2,534,622

 

 

 

2,303,862

 

 

 

784,790

 

Restricted stock subject to future vesting

 

 

—

 

 

 

95,595

 

 

 

217,909

 

 

 

 

2,534,622

 

 

 

16,219,758

 

 

 

10,450,077