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Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2014
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.

 

     Three Months Ended
March 31,
 
     2014     2013  
    

(in thousands, except share

and per share amounts)

 

Basic and diluted net loss per common share:

    

Net loss applicable to common stockholders

   $ (5,408   $ (3,472

Weighted average common shares outstanding – basic and diluted

     20,270        16,079   

Net loss per common share – basic and diluted

   $ (0.27   $ (0.22
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:

 

     March 31, 2014
(shares)
     March 31, 2013
(shares)
 

Warrants to purchase shares of common stock

     5,505,579        7,429,241  

Options to purchase shares of common stock

     3,365,198        3,656,217  

Shares of common stock issuable upon conversion of preferred stock

     2,550,437        2,618,772  
  

 

 

    

 

 

 
     11,421,214        13,704,230