| Basic and Diluted Net Income (Loss) Per Share |
NOTE 12 – BASIC AND DILUTED NET
INCOME (LOSS) PER SHARE
The following table sets
forth the computation of the Company’s basic and diluted net income (loss) per share for the three-month periods ended:
| |
|
March 31, 2014 |
|
|
March 31, 2013 |
|
| Net loss attributable to common shareholders, basic |
|
$ |
(11,284,929 |
) |
|
$ |
(594,292 |
) |
| Net loss attributable to common shareholders, diluted |
|
$ |
(11,284,929 |
) |
|
$ |
(594,292 |
) |
| Weighted-average shares used to compute net loss |
|
|
|
|
|
|
|
|
| per share attributable to common stockholders, basic |
|
|
50,346,094 |
|
|
|
33,229,093 |
|
| |
|
|
|
|
|
|
|
|
| Dilutive effect of common stock options |
|
|
- |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
| Weighted-average shares used to compute net loss per share attributable to common stockholders, diluted |
|
|
50,346,094 |
|
|
|
33,229,093 |
|
| |
|
|
|
|
|
|
|
|
| Net loss per share attributable to common stockholders, basic |
|
$ |
(0.22 |
) |
|
$ |
(0.02 |
) |
| Net loss per share attributable to common stockholders, diluted |
|
$ |
(0.22 |
) |
|
$ |
(0.02 |
) |
The following outstanding
shares of common stock equivalents were excluded from the computation of diluted net loss per share for the years presented because
including them would have been antidilutive:
| |
|
March 31, 2014 |
|
|
December 31, 2013 |
|
| Common stock options |
|
|
18,980,238 |
|
|
|
15,290,486 |
|
| Common stock warrants |
|
|
28,405,782 |
|
|
|
- |
|
| Total common stock equivalents |
|
|
47,386,020 |
|
|
|
15,290,486 |
|
|