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Net Loss per Share
12 Months Ended
Dec. 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):

                                                                                                                                                                                    

 

 

Year Ended
December 31,
2016

 

Year Ended
December 31,
2015

 

Period from
January 27,
2014
(inception) to
December 31,
2014

 

Numerator:

 

 

 

 

 

 

 

 

 

 

Net loss—basic and diluted

 

$

(36,375

)

$

(31,335

)

$

(161

)

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Denominator:

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

16,188,980

 

 

1,269,315

 

 

641,046

 

Less: weighted average common shares subject to repurchase

 

 

(766,939

)

 

(895,672

)

 

(470,768

)

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

 

 

15,422,041

 

 

373,643

 

 

170,278

 

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Net loss per share, basic and diluted

 

$

(2.36

)

$

(83.86

)

$

(0.95

)

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

                                                                                                                                                                                    

 

 

Year Ended
December 31,
2016

 

Year Ended
December 31,
2015

 

Period from
January 27,
2014
(inception) to
December 31,
2014

 

Convertible preferrd stock

 

 

 

 

14,274,741 

 

 

3,395,468 

 

Common stock subject to repurchase

 

 

611,698 

 

 

924,535 

 

 

768,706 

 

Outstanding options

 

 

2,350,582 

 

 

784,136 

 

 

32,320 

 

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Total shares of common stock equivalents

 

 

2,962,280 

 

 

15,983,412 

 

 

4,196,494 

 

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