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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2012
Summary of Significant Accounting Policies [Abstract]  
Computation of basic and diluted net income (loss) per common share

The following table sets forth the reconciliation of the numerator and denominator used in the computation of basic and diluted net income (loss) per common share for the three and nine months ended September 30, 2012, and 2011 (in thousands, except per share amounts):

 

                                 
    Three Months Ended     Nine Months Ended  
    September 30,     September 30,  
    2012     2011     2012     2011  

Numerator:

                               

Net income (loss) used for basic calculation

  $ (3,460   $ 2,260     $ (14,201   $ (9,247

Effect of revaluation of warrant liability

    (873     0       0       0  
   

 

 

   

 

 

   

 

 

   

 

 

 

Adjusted net income (loss) used for diluted calculation

  $ (4,333   $ 2,260     $ (14,201   $ (9,247
   

 

 

   

 

 

   

 

 

   

 

 

 

Denominator:

                               

Basic weighted average number of common shares outstanding

    54,875       47,710       54,130       47,600  

Effect of dilutive potential common shares resulting from warrants

    502       1,110       0       0  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted weighted average number of common shares outstanding

    55,377       48,820       54,130       47,600  
   

 

 

   

 

 

   

 

 

   

 

 

 

Net income (loss) per common share:

                               

Basic

  $ (0.06   $ 0.05     $ (0.26   $ (0.19

Diluted

  $ (0.08   $ 0.05     $ (0.26   $ (0.19
Anti-dilutive effect of common shares

The table below presents common shares underlying stock options, convertible preferred stock, employee stock purchase plan rights, warrants and restricted stock units that are excluded from the calculation of the weighted average number of common shares outstanding used for the calculation of diluted net income (loss) per common share. These are excluded from the calculation due to their anti-dilutive effect for the three and nine months ended September 30, 2012, and 2011 (shares in thousands):

 

                                 
    Three Months Ended     Nine Months Ended  
    September 30,     September 30,  
    2012     2011     2012     2011  

Weighted average anti-dilutive common shares

    8,704       11,259       14,813       13,543  
Changes in product warranty liability

A reconciliation of changes to the beginning and ending balances of the Company’s product warranty liability, from December 31, 2011, to September 30, 2012, was as follows (in thousands):

 

         

Balance at December 31, 2011

  $ 0  

Warranties provided

    857  

Claims settled

    (787
   

 

 

 

Balance at September 30, 2012

  $ 70