|
|
Year Ended December
31,
|
|
|
1997
|
|
1998
|
|
1999
|
| Historical: |
|
|
|
|
|
|
|
|
|
| Net loss |
|
$ (5,427,473 |
) |
|
$ (5,163,150 |
) |
|
$(12,694,389 |
) |
|
Accretion of preferred stock to
redemption value |
|
— |
|
|
— |
|
|
(6,940,941 |
) |
| |
|
|
|
|
|
|
|
|
|
|
Net loss attributable to common
shareholders |
|
(5,427,473 |
) |
|
(5,163,150 |
) |
|
(19,635,330 |
) |
| |
|
|
|
|
|
|
|
|
|
|
Weighted average shares |
|
2,175,194 |
|
|
1,726,373 |
|
|
1,577,881 |
|
Weighted average unvested common shares subject to
repurchase |
|
(1,047,846 |
) |
|
(209,717 |
) |
|
— |
|
| |
|
|
|
|
|
|
|
|
|
Shares used in computing basic and
diluted net loss per
share |
|
1,127,348 |
|
|
1,516,656 |
|
|
1,577,881 |
|
| |
|
|
|
|
|
|
|
|
|
|
Basic and diluted net loss per share |
|
$
(4.81 |
) |
|
$
(3.40 |
) |
|
$
(12.44 |
) |
| |
|
|
|
|
|
|
|
|
|
| Pro Forma: |
|
|
|
|
|
|
|
|
|
|
Net loss |
|
|
|
|
|
|
|
(12,694,389 |
) |
| |
|
|
|
|
|
|
|
|
|
Shares used in computing basic and
diluted net loss per
share |
|
|
|
|
|
|
|
1,577,881 |
|
Shares used in computing pro forma
basic and diluted net
loss per share |
|
|
|
|
|
|
|
8,244,874 |
|
| |
|
|
|
|
|
|
|
|
|
| Total weighted average
shares |
|
|
|
|
|
|
|
9,822,755 |
|
| |
|
|
|
|
|
|
|
|
|
| Pro forma basic and
diluted net loss per share |
|
|
|
|
|
|
|
$
(1.29 |
) |
| |
|
|
|
|
|
|
|
|
|
