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Loss Per Common Share
3 Months Ended
Jun. 30, 2011
Notes to Financial Statements  
Loss Per Common Share

NOTE 8.     LOSS PER COMMON SHARE
 
Net losses were reported during the three and six months ended June 30, 2010 and 2011.  As such, the Company excluded the impact of its potential common shares related to stock options and warrants of 4,042,365 and 6,067,220, respectively, as of June 30, 2011 in the computation of dilutive earnings per share for these periods as their effect would be anti-dilutive. Potential common shares of 6,969,690 upon conversion of preferred stock were also excluded from diluted loss per share since they were anti-dilutive.