Loss per Share

9 Months Ended

Sep. 30, 2014

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,
	2014		2013		2014		2013
	(Thousands)				(Thousands)
Weighted average common shares outstanding – basic		13,373		13,165		13,312		13,143
Assumed conversion of dilutive stock options, warrants and convertible debt		—		—		—		—
Weighted average common shares outstanding – dilutive		13,373		13,165		13,312		13,143

 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:		2014		2013		2014		2013
		(Thousands)				(Thousands)
Stock options			3,234		3,122		3,234		3,122
Warrants			244		244		244		244
Convertible debt			4,240		2,203		4,240		2,203
Total			7,718		5,569		7,718		5,569