| 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:
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|
|
Year Ended December 31,
|
|
|
|
|
2014
|
|
2013
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|
|
Basic and diluted net loss per common share calculation:
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|
|
|
|
|
|
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|
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
|
)
|
|
|
|
|
|
|
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|
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|
|
|
|
|
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|
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
|
|
|
|
|
|
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