Net Loss Per Share

3 Months Ended

Mar. 31, 2015

Net Loss Per Share

Net Loss Per Share

Note 2.  Net Loss Per Share

Basic net loss per share is calculated by dividing net loss for the period by the weighted-average number of common shares outstanding for the period without consideration of potential common shares. Diluted net loss per share is calculated by dividing net loss by the weighted-average number of common shares outstanding for the period and dilutive potential common shares for the period determined using the treasury-stock method. For purposes of this calculation, options to purchase common stock and restricted stock unit (“RSU”) awards are considered to be potential common shares and are not included in the calculation of diluted net loss per share because their effect is anti-dilutive.

Options to purchase 1.1 million shares of the Company’s common stock and 172,000 RSUs were outstanding during the three months ended March 31, 2015, but were not included in the computation of diluted net loss per share because their effect is anti-dilutive.  Options to purchase 1.2 million shares of the Company’s common stock and 140,000 RSUs were outstanding during the three months ended March 31, 2014, but were not included in the computation of diluted net loss per share because their effect is anti-dilutive.