Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share

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Net Loss Per Share
6 Months Ended
Jun. 30, 2012
Net Loss Per Share [Abstract]  
Net Loss Per Share

3. Net Loss Per Share

We calculate basic net loss per share using the weighted average common shares outstanding for the periods presented. Diluted net income per share would include the impact of other dilutive equity instruments, primarily our options and warrants. For the periods ended June 30, 2012 and 2011, we had outstanding options and warrants allowing for the purchase of 33.0 million and 18.8 million shares of common stock, respectively. We reported net losses for the periods presented and, therefore, options and warrants were excluded from the calculation of diluted net loss per share as they were anti-dilutive.