v3.8.0.1
NET LOSS PER SHARE
 9 Months Ended
Sep. 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 September 30,
 
Nine Months Ended September 30,
  
2017
 
2016
 
2017
 
2016
 
(in thousands, except for share and per share data)
Numerator:
 
 
 
 
 
 
 
Net loss
$
(6,612
)
 
$
(9,712
)
 
$
(19,504
)
 
$
(29,647
)
Denominator:
 
 
 
 
 
 
 
Weighted-average shares used to compute net loss per share, basic and diluted
53,683,727

 
50,818,710

 
53,070,863

 
49,920,630

Net loss per share:
 
 
 
 
 
 
 
Basic and diluted
$
(0.12
)
 
$
(0.19
)
 
$
(0.37
)
 
$
(0.59
)

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 September 30,
 
2017
 
2016
Shares of common stock issuable under the Equity Incentive Plan
9,254,272

 
11,557,330

Employee Stock Purchase Plan
431,153

 
392,029

Total
9,685,425

 
11,949,359