Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Common Share

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Net Loss Per Common Share
3 Months Ended
Jun. 30, 2012
Net Loss Per Common Share  
Net Loss Per Common Share

15.  Net Loss Per Common Share

 

Basic loss per share of common stock is computed using the weighted average number of common shares outstanding for the period. Diluted loss per share is computed without consideration to potentially dilutive instruments because the Company incurred losses in the three months ended June 30, 2012 which would make these instruments anti-dilutive. As of June 30, 2012 and 2011, the number of anti-dilutive stock options and restricted stock units excluded from diluted net loss per common share computations was approximately 10.8 million and 12.3 million, respectively. As of June 30, 2012 and 2011, the number of warrants excluded from diluted net loss per common share computations was approximately 26.5 million and 21.1 million, respectively.