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NET LOSS PER SHARE
12 Months Ended
Dec. 31, 2012
NET LOSS PER SHARE

NOTE 2 — NET LOSS PER SHARE

The Company computes basic net loss per share by dividing its net loss for the period by the weighted average number of common shares outstanding during the period less the weighted average unvested common shares subject to restrictions by the Company.

 

     Year Ended December 31,  
     2012     2011     2010  

Net loss

   $ (20,459 )    $ (21,101 )    $ (13,423 ) 
  

 

 

   

 

 

   

 

 

 

Basic and diluted shares:

      

Weighted average common shares outstanding

     64,932        57,834        35,439   

Weighted average unvested common shares subject to restrictions

     (614 )      (316 )      —     
  

 

 

   

 

 

   

 

 

 

Weighted average shares used to compute basic and diluted net loss per share

     64,318        57,518        35,439   
  

 

 

   

 

 

   

 

 

 

Net loss per share — basic and diluted

   $ (0.32 )    $ (0.37 )    $ (0.38 ) 

The following weighted average options and warrants to purchase common stock and unvested shares of common stock subject to restrictions have been excluded from the computation of diluted net loss per share of common stock for the periods presented because including them would have had an anti-dilutive effect:

 

     Year Ended December 31,  
     2012      2011      2010  

Warrants to purchase common stock

     4,187         5,344         2,435   

Unvested common shares subject to restrictions

     614         316         —     

Options to purchase common stock

     10,321         8,112         6,347   
  

 

 

    

 

 

    

 

 

 
     15,122         13,772         8,782