Net Loss Per Share

3 Months Ended

Mar. 31, 2013

Net Loss Per Share

(9) Net Loss Per Share

Basic net loss per share is computed by dividing the net loss by the weighted-average number of shares of common stock outstanding during the period. Diluted net loss per share is the same as basic net loss per share for all periods presented because the effects of potentially dilutive items were anti-dilutive given the Company’s net loss in each period presented.

The following table presents the calculation of basic and diluted net loss per share (in thousands, except per share data):

	Three Months Ended
	March 31,
	2013			2012
	(unaudited)
Numerator:
Net loss	$	(79	)	$	(494	)
Denominator:
Weighted-average common shares		19,041			5,030
Basic and diluted net loss per share	$	0.00		$	(0.10	)

The following securities have been excluded from the calculation of diluted net loss per share of common stock for the periods presented because including them would have been anti-dilutive (in thousands):

	Three Months Ended
	March 31,
	2013		2012
	(unaudited)
Common shares from convertible preferred stock		—		21,444
Common shares from common stock warrants		—		11
Stock options outstanding		6,484		5,905
Total common stock equivalents		6,484		27,360