XML 55 R36.htm IDEA: XBRL DOCUMENT v2.4.0.6
Net Loss Per Share (Tables)
12 Months Ended
Dec. 31, 2012
Net Loss Per Share  
Schedule of securities excluded from the computation of diluted net loss per share in the periods presented, as their effects would have been anti-dilutive

 

 

 

 

As of December 31,

 

 

 

2010

 

2011

 

2012

 

Employee Stock Options

 

 

7,167,138

 

6,657,794

 

Series A Preferred Shares

 

 

20,212,500

 

 

Series B Preferred Shares

 

 

8,166,667

 

 

Non-vested ordinary shares

 

 

 

741,500

Schedule of calculations of basic net and diluted loss per share

 

 

 

 

1.1.2010
to
12.31.2010

 

1.1.2011
to
12.31.2011

 

1.1.2012
to
12.31.2012

 

 

 

$

 

$

 

$

 

Numerator:

 

 

 

 

 

 

 

Net loss

 

(8,365,848

)

(107,271,525

)

(9,472,074

)

Deemed dividend on issuance of Series A

 

 

 

 

 

 

 

Preferred Shares

 

 

(49,214,977

)

 

Net loss attributable to ordinary shareholders

 

(8,365,848

)

(156,486,502

)

(9,472,074

)

Denominator:

 

 

 

 

 

 

 

Weighted-average ordinary shares

 

47,775,000

 

46,255,574

 

88,849,206

 

Outstanding—basic and diluted

 

 

 

 

 

 

 

Basic net loss per share

 

(0.18

)

(3.38

)

(0.11

)

Diluted net loss per share

 

(0.18

)

(3.38

)

(0.11

)