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Net loss per share
 3 Months Ended
Mar. 31, 2015
Net loss per share  
Net loss per share

 

7.Net loss per share

 

Basic earnings per share is computed by dividing net income (loss) by the weighted-average number of common shares outstanding. Diluted earnings per share is computed by dividing net income (loss) by the weighted-average number of common shares plus the effect of dilutive potential common shares outstanding during the period.

 

The following tables set forth the computation of basic and diluted net loss per share:

 

 

 

Three months ended March 
31,

 

 

 

2015

 

2014

 

Numerator

 

 

 

 

 

Net loss

 

$
(37,915

)

$
(14,098

)

Denominator

 

 

 

 

 

Denominator for basic and diluted net loss per share

 
33,067,752

 
24,492,487

 

Net loss per share:

 

 

 

 

 

Basic and diluted

 

$
(1.15

)*

$
(0.58

)*

 

*In the three months ended March 31, 2015 and 2014, the Company experienced a net loss and therefore did not report any dilutive share impact.

 

The following table shows historical dilutive common share equivalents outstanding, which are not included in the above historical calculation, as the effect of their inclusion is anti-dilutive during each period.

 

 

 

As of March 31,

 

 

 

2015

 

2014

 

 

 

 

 

 

 

Stock Options

 
4,627,833 

 
3,133,830 

 

Unvested restricted stock

 
364,970 

 
748,456 

 

Total

 
4,992,803 

 
3,882,286