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Net Loss Per Share
 9 Months Ended
Sep. 30, 2014
Net Loss Per Share [Abstract]  
Net Loss Per Share

8.   Net Loss Per Share

 

Basic net loss per common share for the three and nine months ended September 30, 2014 and 2013 was computed by dividing the net loss for the relevant period by the weighted average number of shares of common stock outstanding. Diluted loss per common share is computed by dividing net loss by the weighted average number of shares of common stock and common stock equivalents outstanding.

 

Potential common stock equivalents of approximately 0.1 million and 0.4 million outstanding stock options, 0.4 million and 0.5 million outstanding stock warrants under the treasury stock method and 11,000 and 11,000 shares issuable upon conversion of preferred stock are excluded from the diluted earnings per share calculation for the nine months ended September 30, 2014 and 2013, respectively, due to their anti-dilutive effect.

 

 

(in thousands, except per share amounts) Three months ended 
September 30,		 
  2014  2013 
BASIC AND DILUTED      
Weighted average number of common shares outstanding  40,455   35,437 
Number of shares for computation of net loss per share  40,455   35,437 
Net loss $(3,245) $(3,343)
         
Net loss per share - basic and diluted $(0.08) $(0.09)

 

(in thousands, except per share amounts) Nine months ended 
September 30,		 
  2014  2013 
BASIC AND DILUTED      
Weighted average number of common shares outstanding  39,219   34,366 
Number of shares for computation of net loss per share  39,219   34,366 
Net loss $(11,127) $(10,033)
         
Net loss per share - basic and diluted $(0.28) $(0.29)