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Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2013
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     Six Months Ended
      June 30,     June 30,
      2013     2012     2013     2012
Numerator:                        
Net loss available for common shareholders - basic and diluted   $ (3,436)   $ (4,971)   $ (7,090)   $ (14,774)
                         
Denominator:                        
Weighted-average common shares outstanding - basic and diluted       26,493      19,167      25,870      18,097 
                         
Net loss per share - basic and diluted     $ (0.13)   $ (0.26)   $ (0.27)   $ (0.82)

 

 

 

Anti-dilutive securities

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     Six Months Ended
      June 30,     June 30,
      2013     2012     2013     2012
Publicly Traded Warrants Exercisable     753,000      753,000      753,000      753,000 
Options and Private Warrants Exercisable     7,612,000      5,302,000      7,612,000      5,302,000 
Nonvested Equity Shares     215,000      80,000      215,000      80,000 
                         
Total     8,580,000      6,135,000      8,580,000      6,135,000