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Net Loss Per Share
3 Months Ended
Mar. 31, 2012
Net Loss Per Share [Abstract]  
Net Loss Per Share

Note 9 — Net Loss Per Share

Basic net loss per share is calculated based on the weighted-average number of common shares outstanding during the periods presented. For all periods presented in the accompanying Condensed Consolidated Statements of Operations, the net loss available to common stockholders is equal to the reported net loss. Basic and diluted net loss per share are the same due to our historical net losses and the requirement to exclude potentially dilutive securities which would have an anti-dilutive effect on net loss per share. The weighted average of these potentially dilutive securities has been excluded from the diluted net loss per share calculation and is as follows (in thousands):

 

     Three months ended
March  31,
 
     2012      2011  

Convertible subordinated notes

     9,989         9,989   

Stock options

     13,896         11,135   
  

 

 

    

 

 

 

Total

     23,885         21,124