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Net Income (Loss) per Share
 6 Months Ended
Jun. 30, 2012
Net Income (Loss) per Share [Abstract]  
Net Income (Loss) per Share
11. Net Income (Loss) per Share

The following table sets forth the computation of basic and diluted EPS (in thousands, except per share amounts):

 

                                 
    Three Months Ended
June  30,		     Six Months Ended
June  30,		  
    2012     2011     2012     2011  

Numerator

                        

Net income (loss)

   $ (7,697 )    $ 4,714     $ (2,413 )    $ (1,795 ) 

Preferred stock dividends forfeited (earned)

     (76 )      78       (76 )      78  
   

 

 

    

 

 

    

 

 

    

 

 

  

Numerator for basic EPS—net income (loss) attributable to common stockholders

     (7,773 )      4,792       (2,489 )      (1,717 ) 
       

Effect of dilutive securities:

                        

Preferred stock dividends

     —         —         —         —    
   

 

 

    

 

 

    

 

 

    

 

 

  

Numerator for diluted EPS—net income (loss) attributable to common stockholders

   $ (7,773 )    $ 4,792     $ (2,489 )    $ (1,717 ) 
   

 

 

    

 

 

    

 

 

    

 

 

  
       

Denominator:

                        

Weighted-average shares outstanding:

                        

Basic EPS

     11,603       12,389       6,886       6,700  

Effect of dilutive convertible preferred stock and warrants

     —         544,482       —         —    
   

 

 

    

 

 

    

 

 

    

 

 

  

Denominator for diluted EPS

     11,603       556,871       6,886       6,700  
   

 

 

    

 

 

    

 

 

    

 

 

  
         

Basic EPS

   $ (0.67 )    $ 0.39     $ (0.36 )    $ (0.26 ) 
   

 

 

    

 

 

    

 

 

    

 

 

  

Diluted EPS

   $ (0.67 )    $ 0.01     $ (0.36 )    $ (0.26 ) 
   

 

 

    

 

 

    

 

 

    

 

 

  

At June 30, 2012 and 2011, the potentially dilutive securities include 6.1 billion and 4.4 billion shares reserved for the exercise of outstanding stock options and warrants. The Series C-12 Preferred was convertible into 1.2 billion and 887 million at June 30, 2012 and 2011, respectively.