Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Common Share (Tables)

v2.4.0.6
Net Loss Per Common Share (Tables)
6 Months Ended
Jun. 30, 2012
Net Loss Per Common Share [Abstract]  
Calculation of basic and diluted net loss per share
                                 
($ in thousands except share and per share amounts)   For the three months ended
June 30,
    For the six months ended
June 30,
 
  2012     2011     2012     2011  
         

Historical net loss per share:

                               
         

Numerator:

                               
         

Net loss

  $ (6,455 )    $ (3,733 )    $ (13,011 )    $ (26,276 ) 
         

Common Stock dividend to Series A Convertible Preferred Stockholders

    —         (5,861 )      —         (5,861 )
   

 

 

   

 

 

   

 

 

   

 

 

 
         

Net loss attributed to Common Stock

  $ (6,455 )    $ (9,594 )    $ (13,011 )    $ (32,137 ) 
         

Denominator:

                               
         

Weighted average common shares outstanding—basic and diluted

    19,194,053       5,848,642       18,899,149       5,322,793  
   

 

 

   

 

 

   

 

 

   

 

 

 
         

Basic and diluted net loss per common share

  $ (0.34 )    $ (1.64 )    $ (0.69 )    $ (6.04 ) 
   

 

 

   

 

 

   

 

 

   

 

 

 
Computations of diluted weighted average shares outstanding
                                 
    For the three months ended June 30,     For the six months ended June 30,  
    2012     2011     2012     2011  

Series A Convertible Preferred Stock

    —         4,357,885       —         4,357,885  

Series B Convertible Preferred Stock

    —         2,525,677       —         2,441,953  

Series C Convertible Preferred Stock

    —         943,870       —         474,542  

Warrants to purchase Common Stock

    1,042,216       684,671       1,055,509       573,223  

Options to purchase Common Stock

    2,324,400       1,454,894       2,161,707       1,315,345  
   

 

 

   

 

 

   

 

 

   

 

 

 
      3,366,616       9,966,997       3,217,216       9,162,948