Annual report pursuant to Section 13 and 15(d)

Net Loss Per Common Share (Tables)

v2.4.1.9
Net Loss Per Common Share (Tables)
12 Months Ended
Dec. 31, 2014
Earnings Per 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,
 
 
 
2014
 
2013
 
2012
 
($ in thousands except share and per share amounts)
 
 
 
 
 
 
 
 
 
 
Historical net loss per share:
 
 
 
 
 
 
 
 
 
 
Numerator
 
 
 
 
 
 
 
 
 
 
Net loss
 
$
(20,386)
 
$
(37,158)
 
$
(27,610)
 
Denominator
 
 
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding— Denominator for basic and diluted net loss per share
 
 
36,323,596
 
 
30,429,743
 
 
21,654,984
 
Basic and diluted net loss per share attributed to common stockholders
 
$
(0.56)
 
$
(1.22)
 
$
(1.27)
 
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,
 
 
 
2014
 
2013
 
2012
 
Warrants to purchase Common Stock
 
 
693,636
 
 
1,012,977
 
 
1,091,558
 
Options to purchase Common Stock
 
 
2,276,813
 
 
3,936,199
 
 
2,279,603
 
Unvested Restricted Stock
 
 
6,087,717
 
 
140,995
 
 
—
 
 
 
 
9,058,166
 
 
5,090,171
 
 
3,371,161