Net Loss Attributable to Common Stockholders

3 Months Ended

Jun. 30, 2011

Net Loss Attributable to Common Stockholders [Abstract]

Net Loss Attributable to Common Stockholders

3. Net Loss Attributable to Common Stockholders

Basic net loss per share is computed by dividing net loss per share available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share, if presented, would include the dilution that would occur upon the exercise or conversion of all potentially dilutive securities into common stock using the “treasury stock” and/or “if converted” methods as applicable.

The convertible preferred stock (on an as-converted basis) is deemed to be anti-dilutive, and, therefore is excluded from the computation of basic net loss per share.

The following table details the computation of the basic and diluted net loss per share:

	Three Months Ended June 30,
	2011			2010
Net loss attributable to common stockholders	$	(3,106,678	)	$	(2,525,235	)
Weighted-average common shares outstanding, basic and diluted		8,611,959			8,558,261
Net loss per common share:
Basic and diluted	$	(0.36	)	$	(0.30	)