Net Income (Loss) per Share

6 Months Ended

Jun. 30, 2011

Net Income (Loss) per Share [Abstract]

Net Income (Loss) per Share

9. Net Income (Loss) per Share

The following table sets forth the computation of basic and diluted EPS (in thousands, except per share amounts):

	Three Months Ended					Six Months Ended
	June 30,					June 30,
	2011		2010			2011			2010
Numerator
Net income (loss)	$	4,714	$	(3,104	)	$	(1,795	)	$	(4,871	)
Preferred stock dividends forfeited (earned)		78		(87	)		78			(87	)
Numerator for basic EPS — net income (loss) attributable to common stockholders		4,792		(3,191	)		(1,717	)		(4,958	)
Effect of dilutive securities:
Preferred stock dividends		—		—			—			—
Numerator for diluted EPS — net income (loss) attributable to common stockholders	$	4,792	$	(3,191	)	$	(1,717	)	$	(4,958	)
Denominator:
Weighted-average shares outstanding:
Basic EPS		12,389		772			6,700			715
Effect of dilutive convertible preferred stock		544,482		—			—			—
Denominator for diluted EPS		556,871		772			6,700			715
Basic EPS	$	0.39	$	(4.13	)	$	(0.26	)	$	(6.93	)
Diluted EPS	$	0.01	$	(4.13	)	$	(0.26	)	$	(6.93	)

At June 30, 2011 and 2010, the potentially dilutive securities include 4.4 billion and 17.3 million shares, respectively, reserved for the exercise of outstanding stock options and warrants. The Series C-1¹ Preferred was convertible into 887 million and 3.5 million shares of common stock at June 30, 2011 and 2010, respectively.