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Net Loss per Share (Tables)
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Net Loss per Share Attributable to Common Stockholders

Basic and diluted net loss per share attributable to common stockholders of Spero Therapeutics, Inc. was calculated as follows (in thousands, except share and per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

 

 

2018

 

 

2017

 

Numerator:

 

 

 

 

 

 

 

 

Net loss

 

$

(10,644

)

 

$

(6,411

)

Less: Net loss attributable to non-controlling

   interests

 

 

 

 

 

(535

)

Plus: Cumulative dividends on redeemable

   convertible preferred shares

 

 

 

 

 

(1,236

)

Plus: Accretion of bridge units and redeemable

   convertible preferred shares to redemption value

 

 

 

 

 

(18

)

Net loss attributable to common stockholders

   of Spero Therapeutics, Inc.

 

$

(10,644

)

 

$

(7,130

)

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Weighted average common shares outstanding,

   basic and diluted

 

 

14,369,182

 

 

 

330,075

 

 

 

 

 

 

 

 

 

 

Net loss per share attributable to common stockholders

   of Spero Therapeutics, Inc., basic and diluted

 

$

(0.74

)

 

$

(21.60

)

 

 

 

 

 

 

 

 

 

 

Summary of Shares Excluded From the Computation of Diluted Net Loss Per Share Attributable to Common Stockholders

The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:

 

 

 

Three Months Ended March 31,

 

 

 

2018

 

 

2017

 

 

 

 

 

 

 

 

 

 

Options to purchase common stock

 

 

2,129,082

 

 

 

 

Incentive units

 

 

 

 

 

422,399

 

 

 

 

2,129,082

 

 

 

422,399