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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2018
Summary of Significant Accounting Policies  
Schedule of the Company's net loss per share

The Company’s computation of net (loss) income per share is as follows (in thousands, except per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of

 

 

 

 

 

 

December 31,

 

 

 

 

2018

 

 

2017

 

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

Net (loss) income - basic

 

$

(12,951)

 

$

(92)

 

$

4,522

 

Denominator:

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding - basic

 

 

35,317

 

 

34,381

 

 

32,928

 

Common stock equivalents from outstanding common stock options

 

 

 -

 

 

 -

 

 

3,514

 

Common stock equivalents for ESPP

 

 

 -

 

 

 -

 

 

16

 

Common stock equivalents from outstanding common stock warrants

 

 

 -

 

 

 -

 

 

 1

 

Weighted average number of common shares outstanding - diluted

 

 

35,317

 

 

34,381

 

 

36,459

 

 

 

 

 

 

 

 

 

 

 

 

Basic net (loss) income per share

 

$

(0.37)

 

$

(0.00)

 

$

0.14

 

 

 

 

 

 

 

 

 

 

 

 

Diluted net (loss) income per share

 

$

(0.37)

 

$

(0.00)

 

$

0.12

 

 

Schedule of potentially dilutive securities not included in the calculation of diluted net loss per share attributable to common stockholders

Potentially dilutive securities not included in the calculation of diluted net (loss) income per share because to do so would be anti‑dilutive were as follows (in common stock equivalent shares, in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of

 

 

 

 

December 31,

 

 

 

 

2018

 

 

2017

 

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

Stock options outstanding

    

 

5,614

    

 

5,516

    

 

1,099

 

Unvested restricted stock units

 

 

244

 

 

173

 

 

 —

 

Employee stock purchase plan

 

 

 3

 

 

28

 

 

 —

 

 

 

 

5,861

 

 

5,717

 

 

1,099