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Loss per Share
3 Months Ended
Mar. 31, 2013
Loss per Share  
Loss per Share

6.                                      Loss per Share

 

In the three months ended March 31, 2013 and 2012, basic and diluted loss per share have been computed using only the weighted average number of common shares outstanding during the period without giving effect to any potential future issuances of common stock related to stock option programs, Rights To Shares Agreement (see Note 9), investor warrants or convertible notes, since their inclusion would be antidilutive.

 

For the three months ended March 31, 2013, 166,739,613 shares attributable to outstanding warrants, convertible notes, the Rights To Shares Agreement and stock options, and for the three months ended March 31, 2012, 45,405,000 shares attributable to outstanding warrants, convertible notes and stock options were excluded from the calculation of diluted earnings per share because the effect would have been antidilutive.