v3.7.0.1
NET LOSS PER SHARE
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
NET LOSS PER SHARE
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 June 30,
 
Six Months Ended June 30,
  
2017
 
2016
 
2017
 
2016
 
(in thousands, except for share and per share data)
Numerator:
 
 
 
 
 
 
 
Net loss
$
(3,873
)
 
$
(7,412
)
 
$
(12,892
)
 
$
(19,935
)
Denominator:
 
 
 
 
 
 
 
Weighted-average shares used to compute net loss per share, basic and diluted
53,175,684

 
49,798,994

 
52,808,412

 
49,467,667

Net loss per share:
 
 
 
 
 
 
 
Basic and diluted
$
(0.07
)
 
$
(0.15
)
 
$
(0.24
)
 
$
(0.40
)

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 June 30,
 
2017
 
2016
Shares of common stock issuable under the Equity Incentive Plan
10,396,671

 
12,397,881

Employee Stock Purchase Plan
96,199

 
99,054

Total
10,492,870

 
12,496,935