| Net Loss per Share |
10. 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 shares of common stock outstanding because the effect is anti-dilutive for the years ended December 31, 2015, 2014 and 2013:
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Year Ended December 31,
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2015
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2014
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2013
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Redeemable convertible preferred stock:
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Series A
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—
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—
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10,033,976
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Series B
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—
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—
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5,057,901
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Series C
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—
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—
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4,429,601
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Series D
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—
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—
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3,979,730
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Warrants to purchase Series D redeemable convertible preferred stock
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—
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—
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83,818
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Stock options
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5,298,510
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5,850,211
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5,883,885
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Restricted stock units
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1,220,008
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992,665
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—
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Basic and diluted net loss per share attributable to holders of common stock is calculated as follows:
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Year Ended December 31,
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2015
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2014
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2013
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Numerator (in thousands):
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Net loss attributable to holders of common stock
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$
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(26,733
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)
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$
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(29,088
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)
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$
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(28,300
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)
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Denominator:
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Weighted-average shares of common stock outstanding, basic and diluted
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|
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42,420,356
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32,075,107
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|
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7,432,055
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Net loss per share attributable to holders of common stock, basic and diluted
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$
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(0.63
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)
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$
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(0.91
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)
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$
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(3.81
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)
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