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Basic and Diluted Net Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2013
Computation of Company's Basic and Diluted Net Loss Per Share of Common Stock

The following table sets forth the computation of the Company’s basic and diluted net loss per share of common stock (in thousands, except per share data):

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

2013

 

 

2012

 

 

2013

 

 

2012

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss             

$

(8,852

) 

 

$

(9,568

) 

 

$

(32,732

) 

 

$

(28,307

) 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares for basic and diluted net loss per share             

 

  24,452

  

 

 

  22,372

  

 

 

  23,290

  

 

 

  22,273

  

Basic and diluted net loss per share             

$

(0.36

) 

 

$

(0.43

) 

 

$

(1.41

) 

 

$

(1.27

) 

 

Potential Shares of Common Stock Excluded from Diluted Weighted-Average Common Shares Outstanding

The following table sets forth the potential shares of common stock that were excluded from diluted weighted-average common shares outstanding (in thousands):

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended

September 30,

 

 

2013

 

 

 

2012

 

 

 

2013

 

 

 

2012

 

Shares of common stock issuable upon conversion of preferred stock             

 

 

 

 

  27,272

 

 

 

 

 

 

  27,272

 

Shares of common stock issuable upon conversion of warrants             

 

  502

 

 

 

  337

 

 

 

  502

 

 

 

  337

 

Shares of common stock subject to repurchase             

 

  49

 

 

 

  110

 

 

 

  49

 

 

 

  110

 

Shares of common stock issuable under stock option plans outstanding             

 

  11,085

 

 

 

  8,726

 

 

 

  11,085

 

 

 

  8,726

 

Potential common shares excluded from diluted net loss per share             

 

  11,636

 

 

 

  36,445

 

 

 

  11,636

 

 

 

  36,445