Net Loss per Common Share

3 Months Ended

Mar. 31, 2013

Net Loss per Common Share [Abstract]

Net Loss per Common Share

3. Net Loss per Common Share

Basic net loss per share is computed by dividing loss available to shareholders of our common stock (the numerator) by the weighted average number of shares of our common stock outstanding during the period (the denominator). Shares issued during the period and shares reacquired during the period are weighted for the portion of the period that they were outstanding. Diluted loss per share is calculated in a similar way to basic loss per share except that the denominator is increased to include the number of additional shares that would have been outstanding if the dilutive potential shares had been issued unless the effect would be anti-dilutive. As the Company had a net loss in each of the periods presented, basic and diluted net loss per share are the same.

The computations of diluted net loss per share for the three months ended March 31, 2013 and 2012 did not include the effects of the following options and warrants to acquire stock and restricted stock awards which were outstanding as of the end of each period as the inclusion of these securities would have been anti-dilutive (in thousands).

	March 31,
	2013		2012
Share options		1,888		1,702
Warrants		—		88
Restricted Stock-unvested, issued and held in escrow		797		1,027
Total		2,685		2,817