v3.5.0.2
Net Loss per Share
9 Months Ended
Sep. 30, 2016
Net Loss per Share  
Net Loss per Share

 

8.Net Loss per Share

 

Diluted net loss per share is the same as basic net 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 three and nine months ended September 30, 2016 and 2015:

 

 

 

Three and Nine Months Ended
September 30,

 

 

 

2016

 

2015

 

Stock options

 

4,943,556 

 

5,577,214 

 

Restricted stock units

 

1,411,878 

 

1,235,274 

 

 

Basic and diluted net loss per share is calculated as follows:

 

 

 

Three Months Ended
September 30,

 

Nine Months Ended
September 30,

 

 

 

2016

 

2015

 

2016

 

2015

 

Numerator (in thousands):

 

 

 

 

 

 

 

 

 

Net loss

 

$

(6,758

)

$

(8,235

)

$

(18,475

)

$

(23,333

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted-average shares of common stock outstanding, basic and diluted

 

46,903,628

 

41,645,894

 

46,453,480

 

41,331,481

 

 

 

 

 

 

 

 

 

 

 

Net loss per share, basic and diluted

 

$

(0.14

)

$

(0.20

)

$

(0.40

)

$

(0.56

)