Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.3.1.900
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of computation of basic and diluted net loss per share

The following table sets forth the computation of basic and diluted net loss per share (in thousands, except per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

    

2015

    

2014

    

2013

 

EPS Numerator:

 

 

 

 

 

 

 

 

 

 

Net loss

 

$
(51,464)

 

$
(90,908)

 

$
(89,027)

 

EPS Denominator—Basic and Diluted:

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 
88,434

 

 
87,662

 

 
87,288

 

Net loss per common share:

 

 

 

 

 

 

 

 

 

 

Basic and diluted

 

$
(0.58)

 

$
(1.04)

 

$
(1.02)

 

 

Schedule of antidilutive securities

These securities consist of the following (in thousands except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

 

 

2015

    

2014

    

2013

 

Outstanding stock options

 

 

 
19,106

 

 
16,971

 

 
15,532

 

Warrant to purchase common stock

 

 

 
200

 

 
200

 

 
200

 

Weighted average exercise price of options

 

 

$
7.08

 

$
9.07

 

$
10.55

 

Weighted average exercise price of warrant

 

 

$
6.61

 

$
6.61

 

$
6.61