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Net Loss Per Share
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Net Loss Per Share

14.    Net Loss Per Share

The following table sets forth the information needed to compute basic and diluted earnings per share for the years ended December 31, 2015, 2014 and 2013:

 

     Year Ended December 31,  
     2015      2014      2013  
     (In thousands, except per share amounts)  

Net loss

   $ (40,381 )     $ (25,380 )     $ (20,939 ) 
  

 

 

    

 

 

    

 

 

 

Net loss per common share, basic and diluted:

        

Weighted average common shares outstanding, basic

     60,687,478         60,687,478         60,687,478   
  

 

 

    

 

 

    

 

 

 

Net loss per share, basic and diluted

   $ (0.67 )     $ (0.42 )     $ (0.35 ) 
  

 

 

    

 

 

    

 

 

 

 

The following table sets forth the number of potential shares of common stock that have been excluded from diluted net loss per share because their effect was anti-dilutive:

 

     Year Ended December 31,  
     2015      2014      2013  

Options to purchase common shares

     6,547,250         4,820,750         4,340,750   

Outstanding warrants and options to purchase warrants

     25,008,082         27,443,728         27,443,727   

Amended and Restated Convertible notes

     37,233,561         32,717,484         28,748,424   

Amended and Restated Reimbursement notes

     1,510,682         1,365,606         1,274,334   

Amended and Restated Bridge notes

     4,229,826         3,710,158         3,254,246   
  

 

 

    

 

 

    

 

 

 
     74,529,401         70,057,726         65,061,481