NET LOSS PER SHARE

The Company calculates basic and diluted net loss per share by dividing the net loss by the weighted average number of common shares outstanding during the period. Diluted net loss per share is the same as basic net loss per share, since the effects of potentially dilutive securities are antidilutive.

The following table presents the computation of basic and diluted net loss per share:



	Three Months Ended March 31,
	2017			2016
	(in thousands, except for share and per share data)
Numerator:
Net loss	$	(9,019	)	$	(12,523	)
Denominator:
Weighted-average shares used to compute net loss per share, basic and diluted	52,439,039			49,140,340
Net loss per share:
Basic and diluted	$	(0.17	)	$	(0.25	)

The Company excluded the following period-end outstanding common stock equivalents from the computation of diluted net loss per share for the periods presented because including them would have been antidilutive:



	As of March 31,
	2017	2016
Shares of common stock issuable under the Equity Incentive Plan	9,465,157	9,893,775
Employee Stock Purchase Plan	470,217	523,941
Total	9,935,374	10,417,716