Quarterly report pursuant to sections 13 or 15(d)

Per Share Data

v2.4.0.6
Per Share Data
 9 Months Ended
Sep. 30, 2012
Per Share Data
11. Per Share Data

 

Basic net loss per share is computed using the weighted-average number of common shares outstanding. The dilutive effect of common shares potentially issuable under outstanding options, warrants and restricted shares is included in diluted earnings per share. The computations of basic and diluted per share data were as follows:

 

 

    Three months ended     Nine months ended  
    September 30,     September 30  
    2012     2011     2012     2011  
Net loss   $ (6,037 )   $ (3,070 )   $ (13,999 )   $ (2,461 )
Weighted average common shares outstanding- basic and diluted     183,460,777       182,810,137       183,610,148       183,068,493  
Net loss per share:                                
Basic and diluted   $ (0.03 )   $ (0.02 )   $ (0.08 )   $ (0.01 )

 

For the periods ended September 30, 2012 and 2011, restricted shares and options and warrants to purchase 55,075,978 and 33,085,906 common shares, respectively, were not included in the computation of diluted loss per share as the effect would be anti-dilutive.