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Loss Per Share (Tables)
12 Months Ended
Dec. 31, 2013
Computation of Diluted Net Loss Per Share does not Assume Issuance of Common Shares that have an Anti-dilutive Effect on Net Loss Per Share

The computation of diluted net loss per share does not assume the issuance of common shares that have an anti-dilutive effect on net loss per share.

 

     Year Ended December 31,  
     (in thousands, except share
and per share amounts)
 
           2013    
  
          2012        

Net loss

     (12,088     (9,675

Preferred stock dividends

     (867     (976

Preferred stock accretion

     (229     (230

Warrant modification

     (8,763     —    
  

 

 

   

 

 

 

Net loss applicable to common stockholders

   $ (21,947   $ (10,881
  

 

 

   

 

 

 

Basic and diluted net loss per share

   $ (1.30   $ (0.72

Shares used in computing basic and diluted net loss per share

     16,874        15,131   
Dilutive Shares Which Could Exist Pursuant to Exercise of Outstanding Stock Instruments and Which were not Included in Calculation

Dilutive shares which could exist pursuant to the exercise of outstanding stock instruments and which were not included in the calculation because their affect would have been anti-dilutive are as follows:

 

     Year Ended
December 31,
 
     2013      2012  
     (Shares)      (Shares)  

Warrants to purchase shares of common stock

     6,035,229         7,424,241   

Options to purchase shares of common stock

     3,348,705         3,539,961   

Shares of common stock issuable upon conversion preferred stock

     2,568,771         2,627,110   
  

 

 

    

 

 

 
     11,952,705         13,591,312