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NET LOSS PER COMMON SHARE (Tables)
3 Months Ended
Mar. 31, 2013
Net Loss Per Common Share Tables  
Computation of basic and diluted loss per share

The table below presents the computation of basic and diluted loss per share:

 

(Amounts in thousands except share and per share amounts)  

Three Months Ended

March 31,

 
    2013     2012  
Numerator for basic and diluted loss per share:            
Net loss   $ (2,773 )   $ (8,590 )
Preferred dividends     (13 )     (13 )
Net loss available to common shareholders   $ (2,786 )   $ (8,603 )
                 
Denominator for basic and dilutive loss per share — weighted-average shares outstanding     76,846,563       67,988,916  
Net loss   $ (0.04 )   $ (0.13 )
Preferred dividends     (0.00 )     (0.00 )
Basic and diluted loss per share available to common shareholders   $ (0.04 )   $ (0.13 )

Weighted-average securities from calculation of diluted loss per share

The Company has excluded the following weighted-average securities from the calculation of diluted loss per share, as their effect would have been antidilutive:

 

Dilutive securities  

Three Months Ended

March 31,

 
    2013     2012  
             
Restricted stock grants     199,333       360,000  
Convertible notes payable     40,805       164,950  
Convertible preferred stock     46,991       46,896  
Stock options     1,140,608       3,007,713  
Warrants     9,160,458       28,453,760  
Total dilutive securities     10,588,195       32,033,319