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Net Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2012
Net Loss Per Share Tables  
Net Loss Per Share (Tables)

The components of basic and diluted net loss per share were as follows (in thousands, except loss per share data):

 

      Three Months Ended     Nine Months Ended
      September 30,     September 30,
      2012     2011     2012     2011
Numerator:                        
Net loss available for common shareholders - basic and diluted   $ (3,845)   $ (7,790)   $ (18,619)   $ (26,002)
                         
Denominator:                        
Weighted-average common shares outstanding - basic and diluted       24,974      13,655      20,406      13,258 
                         
Net loss per share - basic and diluted     $ (0.15)   $ (0.57)   $ (0.91)   $ (1.96)

 

 

 

 

 

Excluded Securities from Net Loss Per Share

We excluded the following convertible securities from diluted net loss per share, as the effect of including them would have been anti-dilutive:

 

      Three Months Ended     Nine Months Ended
      September 30,     September 30,
      2012     2011     2012     2011
Publicly Traded Warrants Exercisable     753,000      753,000      753,000      753,000 
Options and Private Warrants Exercisable     5,711,000      1,274,000      5,711,000      1,274,000 
Nonvested Equity Shares     339,000      127,000      339,000      127,000 
                         
Total     6,803,000      2,154,000      6,803,000      2,154,000