Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Common Share (Tables)

v2.4.0.8
Net Loss Per Common Share (Tables)
 9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Net Loss Per Share
A calculation of basic and diluted net loss per share follows:
 
 
 
For the three months ended
 
For the nine months ended
 
 
 
September 30,
 
September  30,
 
($ in thousands except share and per share amounts)
 
2014
 
2013
 
2014
 
2013
 
Net loss per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss
 
$
(4,592)
 
$
(7,832)
 
$
(16,673)
 
$
(27,360)
 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding—denominator for basic and diluted net loss per share
 
 
36,024,810
 
 
32,634,683
 
 
35,977,355
 
 
28,664,822
 
Basic and diluted net loss per common share
 
$
(0.13)
 
$
(0.24)
 
$
(0.46)
 
$
(0.95)
 
Computations of Diluted Weighted Average Shares Outstanding
The following weighted average shares of potentially dilutive securities have been excluded from the computations of diluted weighted average shares outstanding, as the effect of including such securities would be antidilutive:
 
 
 
For the three months ended
 
For the nine months ended
 
 
 
September 30,
 
September 30,
 
 
 
2014
 
2013
 
2014
 
2013
 
Warrants to purchase Common Stock
 
 
685,061
 
 
1,040,921
 
 
696,526
 
 
1,097,869
 
Options to purchase Common Stock
 
 
2,171,032
 
 
4,285,503
 
 
2,312,461
 
 
4,130,936
 
Unvested Restricted Stock
 
 
6,308,038
 
 
—
 
 
5,880,063
 
 
—
 
 
 
 
9,164,131
 
 
5,326,424
 
 
8,889,050
 
 
5,228,805