Net loss per share

6 Months Ended

Jun. 30, 2014

Net loss per share [Abstract]

Net loss per share

5. Net loss per share

The Company calculates basic net loss per share, based on the weighted average number of shares outstanding, and when applicable, diluted income per share, which is based on the weighted average number of shares and potential dilutive shares outstanding.

The following table lists shares and warrants that were excluded from the calculation of dilutive earnings per share as the exercise of such options and warrants and the conversion of such preferred shares would be anti-dilutive:

	For the Six Months Ended
	June 30, 2014	June 30, 2013
Stock options	71,987	70,472
Warrants	105,230	135,359
Preferred shares as if converted
Series A-1Preferred Stock	7,664	7,079
Series B Preferred Stock	269,105	243,796
Series C Preferred Stock	210,412	194,888
Series D-1 Preferred Stock	195,956	62,818
Series D-2 Preferred Stock	108,713	87,997

The following table is a reconciliation of the numerator (net loss) and the denominator (number of shares) used in the basic and diluted EPS calculations and sets forth potential shares of common stock that are not included in the diluted net loss per share calculation as the effect is antidilutive:

	Three Months Ended		Six Months Ended
	June 30,	June 30,	June 30,	June 30,
	2014	2013	2014	2013
Numerator-basic and diluted net loss	$ (1,851)	$ (1,957)	$ (3,906)	$ (3,686)
Denominator-basic or diluted weighted average number of common shares outstanding	232,560	225,824	232,560	225,803
Net loss per share - basic and diluted	$ (0.01)	$ (0.01)	$ (0.02)	$ (0.02)