v2.4.0.8
Net Loss per Share
9 Months Ended
Sep. 30, 2014
Net Loss per Share  
Net Loss per Share

 

 

12.Net Loss per Share

 

Diluted loss per share is the same as basic loss per share for all periods presented because the effects of potentially dilutive items were anti-dilutive given the Company’s net loss. The following securities have been excluded from the calculation of weighted average common shares outstanding because the effect is anti-dilutive:

                                                                                                                                                                         

 

 

Three and Nine Months Ended
September 30,

 

 

 

2013

 

2014

 

Redeemable convertible preferred stock:

 

 

 

 

 

Series A

 

10,033,976 

 

 

Series B

 

5,057,901 

 

 

Series C

 

4,429,601 

 

 

Series D

 

3,979,730 

 

 

Warrants to purchase Series D redeemable convertible preferred stock

 

12,797 

 

 

Stock options

 

5,483,948 

 

6,282,657 

 

Restricted stock units

 

 

1,013,239 

 

 

Basic and diluted net loss per share attributable to common stockholders is calculated as follows:

                                                                                                                                                                                       

 

 

Three Months Ended
September 30,

 

Nine Months Ended
September 30,

 

 

 

2013

 

2014

 

2013

 

2014

 

Numerator (in thousands):

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(10,220

)

$

(7,337

)

$

(23,035

)

$

(25,071

)

Denominator:

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding, basic and diluted

 

7,415,777

 

40,269,937

 

7,401,842

 

29,209,970

 

Net loss per share attributable to common stockholders, basic and diluted

 

$

(1.38

)

$

(0.18

)

$

(3.11

)

$

(0.86

)