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Net Loss Per Share
6 Months Ended
Jun. 30, 2012
Net Loss Per Share

7. Net Loss Per Share

Basic net loss per share is calculated by dividing the net loss by the weighted-average number of common shares outstanding during the period. Diluted net loss per share is computed by dividing the net loss by the weighted-average number of common shares outstanding during the period and dilutive potential common shares using the treasury-stock method. For purposes of this calculation, common stock subject to repurchase by us, preferred stock, outstanding options and warrants are considered to be dilutive potential common shares and are only included in the calculation of diluted net loss per share when their effect is dilutive. Outstanding warrants and stock options to purchase 32.8 million and 36.6 million shares of common stock as of June 30, 2012 and 2011, respectively, were excluded from the calculation of diluted net loss per share for the quarters ended June 30, 2012 and 2011 because the effect of their inclusion would have been anti-dilutive.