Net Loss Per Share (Tables)

3 Months Ended

Mar. 31, 2014

Summary of Computation of Basic and Diluted Net Loss Per Share

The following table summarizes the computation of basic and diluted net loss per share attributable to the Company’s common stockholders:


	Three months ended March 31,
	2014			2013
Net Income/(loss)	$	412		$	(2,069	)
Deemed dividend for beneficial conversion feature on Series D-2 Preferred		(909	)		—
Deemed dividend for antidilution adjustments to convertible preferred stock		(214	)		—
Accretion of convertible preferred stock		(510	)		—

Net loss attributable to common stock - basic	$	(1,221	)	$	(2,069	)
Derivative fair value adjustment		(2,783	)		—

Net loss attributable to common stock - diluted	$	(4,004	)	$	(2,069	)

Weighted-average common shares outstanding - basic		334,086			335,782
Allocation of common stock warrants as participating securities		274,988			—

Weighted-average of outstanding common stock - diluted		609,075			335,782

Net loss per share
Basic EPS	$	(3.65	)	$	(6.16	)
Diluted EPS	$	(6.57	)	$	(6.16	)

Summary of Antidilutive Securities Excluded from Computation of Weighted Average Common Stock Outstanding

The following securities, presented on a common stock equivalent basis, have been excluded from the calculation of weighted average common shares outstanding because the effect is anti-dilutive:


	Three Months Ended March 31,
	2014		2013
Convertible preferred stock:
Series A Preferred		6,149		6,149
Series B Preferred		131,685		93,568
Series C Preferred		783,515		554,181
Series C-2 Preferred		173,213		119,958
Series D-1 Preferred		296,773		—
Series D-2 Preferred		300,549		—
Warrants to purchase Series C-1 Preferred		14,033		9,847
Warrants to purchase common stock		—		26,603
Stock options		184,240		152,464
Convertible notes		—		430,493