Annual report pursuant to Section 13 and 15(d)

Basis of Presentation and Significant Accounting Policies (Tables)

v2.4.1.9
Basis of Presentation and Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2014
Basis of Presentation and Significant Accounting Policies [Abstract]  
Outstanding securities considered anti-dilutive
The following table shows the total outstanding securities considered anti-dilutive and therefore excluded from the computation of diluted net loss per share (in thousands):

   
December 31,
 
   
2014
   
2013
   
2012
 
Options for common stock
   
6,666
     
7,087
     
5,603
 
Warrants for common stock
   
2,073
     
15,839
     
13,840
 
Total
   
8,739
     
22,926
     
19,443
 
Reconciliation of the numerators and denominators of the basic and diluted net loss per share of common stock
For the year ended December 31, 2014, the following is a reconciliation of the numerators and denominators of the basic and diluted net loss per share of common stock (in thousands):

   
December 31,
 
   
2014
 
Numerator
   
Net loss before taxes
   
Basic
 
$
(38,301
)
Adjustment for revaluation of contingent warrant liabilities
   
(39,512
)
Diluted
 
$
(77,813
)
         
Denominator
       
Weighted average shares outstanding used for basic net loss per share
   
107,435
 
Effect of dilutive warrants
   
7,898
 
Weighted average shares outstanding for dilutive net loss per share
   
115,333