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Loss Per Share
6 Months Ended
Dec. 31, 2012
Loss Per Share
9. Loss Per Share

Basic net loss per share was computed by dividing the net loss by the weighted average number of common shares outstanding during the period. Diluted net loss per share was computed by dividing the net loss by the sum of (i) the weighted average number of common shares outstanding and (ii) the weighted average number of common shares that would be issued on the exercise of all dilutive securities outstanding. Potentially dilutive shares were not included in the calculation of diluted net loss per share for any of the three and six-month periods ended December 31, 2012 and 2011 as their inclusion would be anti-dilutive.

Potentially dilutive shares at December 31, 2012 and 2011 were as follows:

 

     December 31,  
     2012      2011  

Options

     3,670,115         3,165,855   

Warrants

     1,176,105         5,005,526   
  

 

 

    

 

 

 
     4,846,220         8,171,381