Annual report pursuant to Section 13 and 15(d)

Net Loss Per Common Share

v2.4.1.9
Net Loss Per Common Share
12 Months Ended
Dec. 31, 2014
Net Loss Per Common Share  
Net Loss Per Common Share

 

3. Net Loss Per Common Share

        The following table sets forth the computation of basic and diluted net loss per share for the periods indicated:

                                                                                                                                                                                    

 

 

Year Ended December 31,

 

 

 

2014

 

2013

 

Basic and diluted net loss per common share calculation:

 

 

 

 

 

 

 

Net loss

 

$

(49,700,875

)

 

(23,251,435

)

Accretion of redeemable convertible preferred stock

 

 

(28,521

)

 

(333,710

)

​  

​  

​  

​  

Net loss attributable to common stockholders

 

$

(49,729,396

)

$

(23,585,145

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

Weighted average common shares outstanding

 

 

24,655,603

 

 

793,806

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

Net loss per share of common stock—basic and diluted

 

$

(2.02

)

$

(29.71

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

        The following outstanding securities at December, 31, 2014 and 2013 have been excluded from the computation of diluted weighted shares outstanding, as they would have been anti-dilutive:

                                                                                                                                                                                    

 

 

December 31,

 

 

 

2014

 

2013

 

Redeemable convertible preferred stock

 

 

 

 

15,707,986 

 

Options outstanding

 

 

3,574,450 

 

 

2,795,746 

 

Warrants

 

 

30,258 

 

 

199,996 

 

​  

​  

​  

​  

Total

 

 

3,604,708 

 

 

18,703,728 

 

​  

​  

​  

​  

​  

​  

​  

​  

​