Basic and Diluted Net Loss Per Share of Common Stock |
The following table presents the calculation of basic and diluted
net loss per share of common stock for the three and nine months
ended September 30, 2013 and 2012:
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Three Months Ended |
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Nine Months Ended |
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(in thousands, except for share and per
share amounts) |
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September 30,
2013 |
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September 30,
2012 |
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September 30,
2013 |
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September 30,
2012 |
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Numerator:
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Net loss
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$ |
(5,380 |
) |
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$ |
(5,326 |
) |
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$ |
(12,632 |
) |
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$ |
(21,295 |
) |
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Denominator:
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Weighted average shares of common stock outstanding, basic
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31,332,993 |
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28,226,743 |
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29,363,162 |
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28,226,743 |
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Stock options and restricted stock units related to the issuance of
common stock
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— |
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— |
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— |
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— |
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Weighted average shares of common stock outstanding, diluted
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31,332,993 |
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28,226,743 |
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29,363,162 |
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28,226,743 |
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Net loss per share:
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Basic
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$ |
(0.17 |
) |
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$ |
(0.19 |
) |
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$ |
(0.43 |
) |
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$ |
(0.75 |
) |
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Diluted
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$ |
(0.17 |
) |
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$ |
(0.19 |
) |
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$ |
(0.43 |
) |
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$ |
(0.75 |
) |
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Anti-dilutive securities excluded from calculations of diluted net
loss per share:
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Stock options and restricted stock units
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3,801,651 |
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5,150,778 |
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4,556,838 |
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5,184,757 |
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