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Loss per Share
9 Months Ended
Sep. 30, 2013
Net loss per share of Common Stock  
Loss per Share

 Basic loss per share is computed by dividing net loss by the weighted-average number of shares of common stock outstanding during the period.  Diluted loss per share is calculated by including the additional shares of common stock issuable upon the conversion of convertible debt and the exercise of outstanding options and warrants, using the treasury stock method.  The following table lists the potentially dilutive equity instruments, each convertible into one share of common stock, used in the calculation of diluted loss per share for the periods presented:

 

   

Three Months Ended 

September 30,

   

Nine Months Ended 

September 30,

 
    2013     2012     2013     2012  
    (Thousands)     (Thousands)  
Weighted average common shares outstanding – basic     13,165       13,066       13,143       13,037  
Assumed conversion of dilutive stock options, warrants and convertible debt     —       —         —       —    
Weighted average common shares outstanding – dilutive     13,165       13,066       13,143       13,037  

 

 The following potentially dilutive instruments were not included in the diluted per share calculation for the periods presented as their inclusion would have been antidilutive:

 

   

Three Months Ended 

September 30,

   

Nine Months Ended 

September 30,

 
Shares Issuable through Exercise or Conversion of:   2013     2012     2013     2012  
    (Thousands)     (Thousands)  
Stock options     3,122       2,864       3,122       2,864  
Warrants     244       244       244       244  
Convertible debt     2,203       1,720       2,203       1,720  
                                 
Total     5,569       4,828       5,569       4,828