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Loss Per Share (Tables)
 6 Months Ended
Jun. 30, 2013
Summary of Basic and Diluted Loss Per Share

A reconciliation of the numerator and denominator used in the calculation of basic and diluted loss per share follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(In thousands, except shares and per share data) 

2013

 

  

2012

 

 

2013

 

  

2012

 

Net loss             

$

(1,199

) 

  

$

(1,146

) 

 

$

(2,270

)  

  

$

(2,553

) 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less: Series A Preferred Stock deemed dividend

$

(2,026

)

 

$

—

 

 

$

(2,026

)

 

$

—

 

Net loss available to common shareholders             

$

(3,225

) 

  

$

(1,146

) 

 

$

(4,296

)  

  

$

(2,553

) 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding             

 

  4,946,932

  

  

 

  2,030,499

  

 

 

  3,998,704

  

  

 

  2,030,499

  

Less: Weighted-average shares of unvested common stock             

 

(2,783

)  

  

 

(2,783

) 

 

 

(2,783

)  

  

 

(2,783

) 

Total weighted-average shares used in computing net loss per share attributed to common stockholders             

 

  4,944,149

  

  

 

  2,027,716

  

 

 

  3,995,921

  

  

 

  2,027,716

  

Basic and diluted loss per share             

$

(0.65

)  

  

$

(0.57

) 

 

$

(1.08

)  

  

$

(1.26

)