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The Company and Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2018
Accounting Policies [Abstract]  
Summary of Computation of Basic and Diluted Net Income (Loss) Per Share

The following table sets forth the computation of basic and diluted net income (loss) per share for the periods indicated (in thousands, except per share amounts):

 

 

 

Three months ended

 

 

Six months ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

315

 

 

$

(3,994

)

 

$

663

 

 

$

(8,399

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Add: weighted-average common shares outstanding

 

 

8,171

 

 

 

6,677

 

 

 

8,151

 

 

 

6,662

 

Total shares: basic

 

 

8,171

 

 

 

6,677

 

 

 

8,151

 

 

 

6,662

 

Add: weighted-average stock options outstanding

 

 

81

 

 

 

 

 

 

72

 

 

 

 

Add: weighted-average unvested restricted stock units

 

 

157

 

 

 

 

 

 

155

 

 

 

 

Total shares: diluted

 

 

8,409

 

 

 

6,677

 

 

 

8,378

 

 

 

6,662

 

Net income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.04

 

 

$

(0.60

)

 

$

0.08

 

 

$

(1.26

)

Diluted

 

$

0.04

 

 

$

(0.60

)

 

$

0.08

 

 

$

(1.26

)

 

Schedule of Antidilutive Securities Excluded from Computation of Diluted Net Loss Per Share

The following table sets forth securities outstanding which were excluded from the computation of diluted net loss per share as their inclusion would be anti-dilutive (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

 

Six months ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Options outstanding to purchase common stock

 

 

144

 

 

 

336

 

 

 

144

 

 

 

659

 

Employee stock purchase plan

 

 

 

 

 

 

 

 

 

 

 

35

 

Unvested restricted common stock units

 

 

 

 

 

52

 

 

 

 

 

 

11

 

Convertible debt

 

 

2,271

 

 

 

973

 

 

 

2,271

 

 

 

889

 

Total

 

 

2,415

 

 

 

1,361

 

 

 

2,415

 

 

 

1,594