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Net Income (Loss) Per Share Attributable to Common Stockholders
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share Attributable to Common Stockholders

Note 7. Net Income (Loss) Per Share Attributable to Common Stockholders

For the periods presented, the following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net income (loss) per share attributable to common stockholders (in thousands, except per share amounts):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(977

)

 

$

(254

)

 

$

(3,137

)

 

$

(2,584

)

Less: Accretion of preferred stock

 

 

 

 

 

(2,825

)

 

 

 

 

 

(5,650

)

Net income (loss) attributable to common stockholders

 

$

(977

)

 

$

(3,079

)

 

$

(3,137

)

 

$

(8,234

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

20,728

 

 

 

4,423

 

 

 

20,591

 

 

 

4,405

 

Weighted-average unvested shares of common stock subject to repurchase

 

 

(92

)

 

 

(102

)

 

 

(100

)

 

 

(111

)

Weighted-average shares used to compute net income (loss) per share attributable to common stockholders — basic and diluted

 

 

20,636

 

 

 

4,321

 

 

 

20,491

 

 

 

4,294

 

Net income (loss) per share attributable to common stockholders — basic and diluted

 

$

(0.05

)

 

$

(0.71

)

 

$

(0.15

)

 

$

(1.92

)

 

For the periods presented, the following outstanding options, warrants and shares of preferred stock were excluded from the computation of diluted net income (loss) per share attributable to common stockholders for the periods presented because their effect would have been antidilutive (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Redeemable convertible preferred stock

 

 

 

 

 

7,891

 

 

 

 

 

 

7,891

 

Common stock warrants

 

 

 

 

 

25

 

 

 

 

 

 

25

 

Redeemable convertible preferred stock warrants

 

 

 

 

 

258

 

 

 

 

 

 

258

 

Unvested shares of common stock subject to repurchase

 

 

84

 

 

 

147

 

 

 

84

 

 

 

147

 

Stock options

 

 

2,249

 

 

 

1,845

 

 

 

2,249

 

 

 

1,845