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Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Weighted average number of common shares outstanding

The following table presents the computation of basic and diluted net loss per share for continuing and discontinued operations (in thousands, except per share amounts):

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss from continuing operations

 

$

(2,629

)

 

$

(1,909

)

 

$

(8,053

)

 

$

(6,157

)

Loss from discontinued operations

 

 

(68

)

 

 

(3,324

)

 

 

(159

)

 

 

(5,693

)

Net loss

 

$

(2,697

)

 

$

(5,233

)

 

$

(8,212

)

 

$

(11,850

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

11,102

 

 

 

8,526

 

 

 

10,102

 

 

 

8,520

 

Weighted average unvested common shares subject

   to repurchase

 

 

(55

)

 

 

(38

)

 

 

(69

)

 

 

(43

)

Weighted average common shares outstanding—basic

 

 

11,047

 

 

 

8,488

 

 

 

10,033

 

 

 

8,477

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Conversion of preferred stock

 

 

 

 

 

 

 

 

 

 

 

 

Options

 

 

 

 

 

 

 

 

 

 

 

 

Warrants

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding—diluted

 

 

11,047

 

 

 

8,488

 

 

 

10,033

 

 

 

8,477

 

Net loss per share, basic and diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(0.24

)

 

$

(0.22

)

 

$

(0.80

)

 

$

(0.73

)

Discontinued operations

 

 

(0.01

)

 

 

(0.39

)

 

 

(0.02

)

 

 

(0.67

)

Net loss per share, basic and diluted

 

$

(0.24

)

 

$

(0.62

)

 

$

(0.82

)

 

$

(1.40

)

 

Anti-dilutive securities not included in diluted net loss per share calculated on weighted average basis

The anti-dilutive securities not included in diluted net loss per share were as follows calculated on a weighted average basis (in thousands):

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Options to purchase common stock

 

 

1,444

 

 

 

609

 

 

 

1,298

 

 

 

619

 

Unvested restricted share awards

 

 

55

 

 

 

38

 

 

 

69

 

 

 

43

 

Series A Convertible Preferred Stock

 

 

7,383

 

 

 

 

 

 

3,796

 

 

 

 

Warrants to purchase common stock

 

 

87

 

 

 

962

 

 

 

1,132

 

 

 

962

 

Total

 

 

8,969

 

 

 

1,609

 

 

 

6,295

 

 

 

1,624