XML 45 R23.htm IDEA: XBRL DOCUMENT v3.7.0.1
Net Loss per Share Attributable to Common Stockholders
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Net Loss per Share Attributable to Common Stockholders

15. Net Loss per Share Attributable to Common Stockholders

As the Company had net losses for the years ended December 31, 2016, 2015 and 2014, all potential common shares were determined to be anti-dilutive. The following table sets forth the computation of the basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share data):

 

     Year Ended December 31,  
     2016     2015     2014  

Numerator:

      

Net loss

   $ (37,177   $ (14,858   $ (11,072

Accretion of redeemable convertible preferred stock

     (558     (75     (146
  

 

 

   

 

 

   

 

 

 

Net loss attributable to common stockholders

   $ (37,735   $ (14,933   $ (11,218
  

 

 

   

 

 

   

 

 

 

Denominator:

      

Weighted-average shares used to compute net loss per common share, basic and diluted

     6,501,796       251,717       227,197  
  

 

 

   

 

 

   

 

 

 

Net loss per share attributable to common stockholders, basic and diluted

   $ (5.80   $ (59.32   $ (49.38
  

 

 

   

 

 

   

 

 

 

The following outstanding shares of potentially dilutive securities have been excluded from diluted net loss per share calculations for the years ended December 31, 2016, 2015 and 2014, because their inclusion would be anti-dilutive:

 

     Year Ended December 31,  
     2016      2015      2014  

Redeemable convertible preferred stock on an as-converted basis

     —          5,323,103        2,899,134  

Options to purchase common stock

     2,393,829        833,178        476,006  

Warrants to purchase redeemable convertible preferred stock on an as-converted basis

     —          275,861        275,861  
  

 

 

    

 

 

    

 

 

 

Total

     2,393,829        6,432,142        3,651,001