XML 73 R20.htm IDEA: XBRL DOCUMENT v2.4.0.8
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2014
Computation of Basic and Diluted Net Loss per 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 share for the three months ended March 31, 2014, and 2013 (in thousands, except per share amounts):

 

     Three Months Ended  
     March 31,  
     2014     2013  

Numerator for Basic and Diluted:

    

Net loss used for basic calculation

   $ (225   $ (10,252

Effect of revaluation of warrant liability

     (9,034     0   
  

 

 

   

 

 

 

Adjusted net loss used for diluted calculation

   $ (9,259   $ (10,252

Denominator:

    

Basic weighted average number of shares outstanding

     72,088        59,730   

Effect of dilutive potential shares

     3,070        0   
  

 

 

   

 

 

 

Diluted weighted average number of shares outstanding

     75,158        59,730   
  

 

 

   

 

 

 

Net loss per share:

    

Basic

   $ (0.00   $ (0.17

Diluted

   $ (0.12   $ (0.17
Anti-Dilutive Effect of Common Shares

The table below presents shares underlying stock options, employee stock purchase plan rights, warrants and restricted stock units that are excluded from the calculation of the weighted average number of shares outstanding used for the calculation of diluted net loss per share. These are excluded from the calculation due to their anti-dilutive effect for the three months ended March 31, 2014 and 2013 (shares in thousands):

 

     Three Months Ended  
     March 31,  
     2014      2013  

Weighted average number of anti-dilutive potential shares

     16,901         15,531