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Net Loss per Share
 3 Months Ended
Mar. 31, 2016
Net Loss per Share  
Net Loss per Share

 

3. Net Loss per Share

 

The following table shows the calculation of net loss per share (in thousands, except share and per share data):

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2016

 

2015

 

Numerator:

 

 

 

 

 

Net loss - basic and diluted

 

$
(6,347

)

$
(1,913

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

Weighted average common shares outstanding

 
2,057,200

 
1,119,343

 

Less: weighted average common shares subject to repurchase

 
(880,654

)
(822,220

)

 

 

 

 

 

 

 

 

 

 

 

 

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

 
1,176,546

 
297,123

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per share, basic and diluted

 

$
(5.39

)

$
(6.44

)

 

 

 

 

 

 

 

 

 

The amounts in the table below were excluded from the calculation of diluted net loss per share, due to their anti-dilutive effect:

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2016

 

2015

 

 

 

 

 

 

 

Convertible preferred stock

 

—

 
4,401,534 

 

Common stock subject to repurchase

 
880,654 

 
822,220 

 

Outstanding options

 
1,787,386 

 
69,386 

 

 

 

 

 

 

 

Total shares of common stock equivalents

 
2,668,040 

 
5,293,140