Net Loss Per Share

6 Months Ended

Jun. 30, 2014

Net Loss Per Share [Abstract]

Net Loss Per Share

8.   Net Loss Per Share

Basic net loss per common share for the three and six months ended June 30, 2014 and 2013 was computed by dividing the net loss for the relevant period by the weighted average number of shares of common stock outstanding. Diluted loss per common share is computed by dividing net loss by the weighted average number of shares of common stock and common stock equivalents outstanding.

Potential common stock equivalents of approximately 0.3 million and 0.3 million outstanding stock options, 0.6 million and 2.5 million outstanding stock warrants under the treasury stock method and 11,000 and 11,000 shares issuable upon conversion of preferred stock are excluded from the diluted earnings per share calculation for the six months ended June 30, 2014 and 2013, respectively, due to their anti-dilutive effect. 

(in thousands, except per share amounts)	Three months ended  June 30,
	2014			2013
BASIC AND DILUTED
Weighted average number of common shares outstanding		39,233			34,135
Number of shares for computation of net loss per share		39,233			34,135
Net loss	$	(3,874	)	$	(3,120	)
Net loss per share - basic and diluted	$	(0.10	)	$	(0.09	)

(in thousands, except per share amounts)	Six months ended  June 30,
	2014			2013
BASIC AND DILUTED
Weighted average number of common shares outstanding		38,587			33,825
Number of shares for computation of net loss per share		38,587			33,825
Net loss	$	(7,882	)	$	(6,690	)
Net loss per share - basic and diluted	$	(0.20	)	$	(0.20	)