Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share (Tables)

v2.4.0.8
Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2013
Earnings per Share  
Schedule of reconciliation of net income (loss) and weighted average shares outstanding used in computing basic and diluted earnings per share

 

 

 

 

Three Months Ended
June 30,

 

Six Months Ended
June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

Net income (loss)

 

$

7,946

 

$

(1,444

)

$

137

 

$

(8,222

)

Change in fair value of warrants

 

(3,097

)

 

 

 

Change in fair value of convertible notes

 

(3,177

)

 

 

 

Interest expense on convertible notes

 

62

 

 

 

 

Net income (loss) available to common stockholders, plus assumed conversions

 

$

1,734

 

$

(1,444

)

$

137

 

$

(8,222

)

 

 

 

 

 

 

 

 

 

 

Basic weighted-average shares outstanding

 

63,922

 

30,983

 

52,858

 

30,668

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Convertible notes

 

49,500

 

 

 

 

Right to shares

 

7,000

 

 

7,000

 

 

Warrants

 

17,304

 

 

 

 

Stock Options

 

38

 

 

102

 

 

Weighted-average shares-diluted

 

137,764

 

 

59,960

 

 

Net income per share-basic

 

$

0.12

 

$

(0.05)

 

$

0.00

 

$

(0.27

)

Net income per share-diluted

 

$

0.01

 

 

$

0.00