Annual report pursuant to Section 13 and 15(d)

Net Loss Per Common Share (Tables)

v2.4.0.8
Net Loss Per Common Share (Tables)
12 Months Ended
Dec. 31, 2013
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,
 
 
 
2013
 
2012
 
2011
 
($ in thousands except share and per share amounts)
 
 
 
 
 
 
 
 
 
 
Historical net loss per share:
 
 
 
 
 
 
 
 
 
 
Numerator
 
 
 
 
 
 
 
 
 
 
Net loss
 
$
(37,158)
 
$
(27,610)
 
$
(36,360)
 
Common stock dividend to Series A Preferred
     stockholders
 
 
—
 
 
—
 
 
(5,861)
 
Net loss attributed to Common stockholders
 
$
(37,158)
 
$
(27,610)
 
$
(42,221)
 
 
 
 
 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding—
    Denominator for basic and diluted net loss
    per share
 
 
30,429,743
 
 
21,654,984
 
 
7,662,984
 
Basic and diluted net loss per share attributed
    to common stockholders
 
$
(1.22)
 
$
(1.27)
 
$
(5.51)
 
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,
 
 
 
2013
 
2012
 
2011
 
Series A Shares
 
—
 
—
 
3,796,733
 
Series B Shares
 
—
 
—
 
2,158,935
 
Series C Shares
 
—
 
—
 
1,966,635
 
Unvested restricted Common stock
 
—
 
—
 
—
 
Warrants to purchase Common stock
 
1,012,977
 
1,091,558
 
804,949
 
Options to purchase Common stock
 
3,936,199
 
2,279,603
 
1,479,291
 
Restricted Stock
 
140,995
 
—
 
—
 
 
 
5,090,171
 
3,371,161
 
10,206,543