Summary of Computation of Basic and Diluted Net Income (Loss) Per Share |
The following table summarizes the computation of basic and diluted net loss per share attributable to the Company’s common stockholders: | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2015 | | 2014 | | 2015 | | 2014 | Income (loss) attributable to common stock - basic: | | | | | | | | Loss from continuing operations | $ | (7,529 | ) | | $ | (4,200 | ) | | $ | (19,950 | ) | | $ | (2,225 | ) | Deemed dividend for beneficial conversion feature on Series D-2 Preferred | — |
| | — |
| | — |
| | (909 | ) | Deemed dividend for antidilution adjustments to convertible preferred stock | — |
| | — |
| | — |
| | (214 | ) | Accretion of convertible preferred stock | — |
| | — |
| | — |
| | (510 | ) | Allocation of net income to convertible preferred stockholders | — |
| | — |
| | — |
| | — |
| Loss from continuing operations attributable to common stock - basic | (7,529 | ) | | (4,200 | ) | | (19,950 | ) | | (3,858 | ) | Income (loss) from discontinued operations, net of income tax expense, attributable to common stock - basic | (826 | ) | | 396 |
| | (4,285 | ) | | 1,066 |
| Net loss attributable to common stock - basic | $ | (8,355 | ) | | $ | (3,804 | ) | | $ | (24,235 | ) | | $ | (2,792 | ) | | | | | | | | | Income (loss) attributable to common stock - diluted: | | | | | | | | Loss from continuing operations attributable to common stock - basic | $ | (7,529 | ) | | $ | (4,200 | ) | | $ | (19,950 | ) | | $ | (3,858 | ) | Derivative fair value adjustment | — |
| | — |
| | — |
| | (10,080 | ) | Loss from continuing operations attributable to common stock - diluted | (7,529 | ) | | (4,200 | ) | | (19,950 | ) | | (13,938 | ) | Loss from discontinued operations, net of income tax expense, attributable to common stock - diluted | (826 | ) | | 396 |
| | (4,285 | ) | | 1,066 |
| Net loss attributable to common stock - diluted | $ | (8,355 | ) | | $ | (3,804 | ) | | $ | (24,235 | ) | | $ | (12,872 | ) | | | | | | | | | Weighted-average common shares outstanding: | | | | | | | | Weighted-average common shares outstanding - basic | 13,904,331 |
| | 8,504,785 |
| | 11,576,498 |
| | 4,703,278 |
| Allocation of common stock warrants as participating securities | — |
| | — |
| | — |
| | 273,687 |
| Weighted-average common shares outstanding - diluted | 13,904,331 |
| | 8,504,785 |
| | 11,576,498 |
| | 4,976,965 |
| | | | | | | | | Income (loss) per share - basic: | | | | | | | | Continuing operations | $ | (0.54 | ) | | $ | (0.50 | ) | | $ | (1.72 | ) | | $ | (0.82 | ) | Discontinued operations | (0.06 | ) | | 0.05 |
| | (0.37 | ) | | 0.23 |
| Net loss per share - basic | $ | (0.60 | ) | | $ | (0.45 | ) | | $ | (2.09 | ) | | $ | (0.59 | ) | Income (loss) per share - diluted: | | | | | | | | Continuing operations | $ | (0.54 | ) | | $ | (0.50 | ) | | $ | (1.72 | ) | | $ | (2.80 | ) | Discontinued operations | (0.06 | ) | | 0.05 |
| | (0.37 | ) | | 0.21 |
| Net income (loss) per share - diluted | $ | (0.60 | ) | | $ | (0.45 | ) | | $ | (2.09 | ) | | $ | (2.59 | ) |
|
Summary of Antidilutive Securities Excluded from Computation of Weighted Average Common Stock Outstanding |
The following securities, presented on a common stock equivalent basis, have been excluded from the calculation of weighted average common shares outstanding because their effect is anti-dilutive. | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2015 | | 2014 | | 2015 | | 2014 | Convertible preferred stock: | | | | | | | | Series A Preferred | — |
| | — |
| | — |
| | 6,149 |
| Series B Preferred | — |
| | — |
| | — |
| | 131,685 |
| Series C Preferred | — |
| | — |
| | — |
| | 783,515 |
| Series C-2 Preferred | — |
| | — |
| | — |
| | 173,213 |
| Series D-1 Preferred | — |
| | — |
| | — |
| | 296,773 |
| Series D-2 Preferred | — |
| | — |
| | — |
| | 300,549 |
| Series C-1 Preferred warrants | 14,033 |
| | 14,033 |
| | 14,033 |
| | 14,033 |
| Stock options | 1,207,697 |
| | 625,627 |
| | 1,207,697 |
| | 625,627 |
| ESPP | — |
| | 59,203 |
| | — |
| | 59,203 |
|
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