Annual report pursuant to Section 13 and 15(d)

Net Loss per Share of Common Stock (Tables)

v3.6.0.2
Net Loss per Share of Common Stock (Tables)
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Outstanding Securities Considered Anti-Dilutive

The following table shows the weighted-average outstanding securities considered anti-dilutive and therefore excluded from the computation of diluted net loss per share (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2016

 

 

2015

 

 

2014

 

Common stock options and RSUs

 

 

548

 

 

 

550

 

 

 

324

 

Warrants for common stock

 

 

894

 

 

 

960

 

 

 

104

 

Total

 

 

1,442

 

 

 

1,510

 

 

 

428

 

 
Reconciliation of the Numerators and Denominators Used in Calculating Basic and Diluted Net Loss per Share of Common Stock

The following is a reconciliation of the numerators and denominators used in calculating basic and diluted net loss per share of common stock (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2016

 

 

2015

 

 

2014

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net loss, basic

 

$

(53,530

)

 

$

(20,606

)

 

$

(38,301

)

Adjustment for revaluation of contingent warrant

   liabilities

 

 

—

 

 

 

—

 

 

 

(39,512

)

Net loss, diluted

 

$

(53,530

)

 

$

(20,606

)

 

$

(77,813

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding used for basic net

   loss per share

 

 

6,021

 

 

 

5,890

 

 

 

5,372

 

Effect of dilutive warrants

 

 

—

 

 

 

—

 

 

 

395

 

Weighted average shares outstanding and dilutive

   securities used for diluted net loss per share

 

 

6,021

 

 

 

5,890

 

 

 

5,767

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net loss per share of common stock

 

$

(8.89

)

 

$

(3.50

)

 

$

(7.13

)

Diluted net loss per share of common stock

 

$

(8.89

)

 

$

(3.50

)

 

$

(13.49

)