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Loss Per Share (Tables)
 9 Months Ended
Sep. 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 September 30,

 

 

Nine Months Ended September 30,

 

(In thousands, except shares and per share data) 

2013

 

  

2012

 

 

2013

 

  

2012

 

Net loss             

$

(1,723

) 

  

$

(927

)

 

$

(3,993

)  

  

$

(3,480

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less: Series A Preferred Stock deemed dividend

 

—

 

 

 

—

 

 

 

(2,026

)

 

 

—

 

Net loss available to common shareholders             

$

(1,723

) 

  

$

(927

) 

 

$

(6,019

)  

  

$

(3,480

) 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding             

 

  10,835,299

  

  

 

  2,286,519

  

 

 

  6,302,611

  

  

 

  2,116,462

  

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             

 

  10,832,516

  

  

 

  2,283,736

  

 

 

  6,299,828

  

  

 

  2,113,679

  

Basic and diluted loss per share             

$

(0.16

)  

  

$

(.41

)

 

$

(0.96

)  

  

$

(1.65

)