Annual report pursuant to Section 13 and 15(d)

Net Loss Per Common Share (Tables)

v2.4.0.6
Net Loss Per Common Share (Tables)
 12 Months Ended
Dec. 31, 2012
Net Loss Per Common Share [Abstract]  
Calculation of basic and diluted net loss per share

A calculation of basic and diluted net loss per share follows:

 

                         
    For the year ended December 31,  
($ in thousands except share and per share amounts)   2012     2011     2010  

Historical net loss per share:

                        

Numerator

                        

Net loss

   $ (27,610 )    $ (36,360 )    $ (9,982 ) 

Common stock dividend to Series A Preferred stockholders

     —         (5,861 )      —    
   

 

 

    

 

 

    

 

 

  

Net loss attributed to Common stockholders

   $ (27,610 )    $ (42,221 )    $ (9,982 ) 
   

 

 

    

 

 

    

 

 

  

Denominator

                        

Weighted-average common shares outstanding—Denominator for basic and diluted net loss per share

     21,654,984       7,662,984       4,453,786  
   

 

 

    

 

 

    

 

 

  

Basic and diluted net loss per share attributed to common stockholders

   $ (1.27 )    $ (5.51 )    $ (2.24 ) 
   

 

 

    

 

 

    

 

 

  
Computations of diluted weighted average shares outstanding

The following shares of potentially dilutive securities have been excluded from the computations of diluted weighted average shares outstanding as the effect of including such securities would be antidilutive:

 

                         
    For the year ended December 31,  
    2012     2011     2010  

Series A Shares

     —         3,796,733       2,617,242  

Series B Shares

     —         2,158,935       —    

Series C Shares

     —         1,966,635       —    

Unvested restricted Common stock

     —         —         322,900  

Warrants to purchase Common stock

     1,091,558       804,949       261,860  

Options to purchase Common stock

     2,279,603       1,479,291       296,112  
   

 

 

    

 

 

    

 

 

  
      3,371,161       10,206,543       3,498,114