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Net (Loss) Income Per Common Share (Tables)
6 Months Ended
Jun. 30, 2013
Net (Loss) Income Per Common Share  
Schedule of computation of basic and diluted net income (loss) per share

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

Basic and diluted net (loss) per common share calculation:

 

 

 

 

 

 

 

 

 

Net loss

 

$

(5,450,638

)

$

(1,844,839

)

$

(10,956,284

)

$

(3,015,223

)

Basic and diluted weighted-average common shares

 

9,837,062

 

3,441,995

 

8,014,529

 

3,441,995

 

Basic and diluted net (loss) per share

 

$

(0.55

)

$

(0.54

)

$

(1.37

)

$

(0.88

)

Schedule of potentially dilutive securities that have been excluded from the computations of diluted weighted average shares outstanding

 

 

 

 

Six Months Ended
June 30

 

 

 

2013

 

2012

 

Restricted stock

 

248,869

 

34,507

 

Warrants

 

99,529

 

—

 

Convertible Notes

 

—

 

233,967

 

Options outstanding

 

1,879,573

 

1,819,839

 

Total

 

2,227,971

 

2,088,313