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Net Loss per Common Share (Tables)
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Basic and Diluted Net Loss per Common Share
The following table presents the computation of basic and diluted net loss per common share (in thousands, except share and per share data):
 
 
Years Ended December 31,
 
 
 
2012
 
2011
 
2010
 
Historical net loss per share
 
 
 
 
 
 
 
Numerator
 
 
 
 
 
 
 
Net loss attributable to common stockholders
 
$
(23,321
)
 
$
(18,087
)
 
$
(16,213
)
 
Denominator
 
 
 
 
 
 
 
Weighted-average common shares outstanding (basic and diluted)
 
20,779,450

 
6,064,542

 
3,352,331

 
Basic and diluted net loss per share
 
$
(1.12
)
 
$
(2.98
)
 
(4.84
)
 
Antidilutive Securities Not Included in Computation of Net Loss Per Share
The numerator was not adjusted for the stock dividend paid on the Series AA preferred stock as the impact is not material. Potentially dilutive securities not included in the calculation of diluted net loss per common share because to do so would be anti-dilutive are as follows (in common equivalent shares):
 
 
As of December 31,
 
 
 
2012
 
2011
 
2010
 
Preferred stock(1)
 

 

 
8,438,417

 
Common stock warrants
 

 

 

 
Common stock options
 
3,752,413

 
3,515,051

 
2,932,673

 
 
 
3,752,413

 
3,515,051

 
11,371,090

 
(1)
Amounts for the Series BB, C, D and E preferred stock conversions are computed based on the initial public offering price of 7.00 per share.