Computation of shares outstanding |
|
|
Nine Months Ended
September 30
|
|
|
Three Months Ended
September 30,
|
|
|
|
2012
|
|
|
2011
|
|
|
2012
|
|
|
2011
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted-average common shares outstanding – basic
|
|
|
25,659,085 |
|
|
|
25,979,596 |
|
|
|
25,963,093 |
|
|
|
26,014,578 |
|
Dilutive effect of options and warrants
|
|
|
2,885,887 |
|
|
|
4,976,463 |
|
|
|
2,553,549 |
|
|
|
4,976,463 |
|
Weighted-average common shares outstanding – diluted
|
|
|
28,544,972 |
|
|
|
30,956,059 |
|
|
|
28,516,642 |
|
|
|
30,991,041 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Options and Warrants excluded from the computation of diluted income (loss) per share because the effect of inclusion would have been anti-dilutive
|
|
|
2,574,113 |
|
|
|
5,803,452 |
|
|
|
2,906,451 |
|
|
|
5,803,452 |
|
|
Cash and cash equivalents |
|
|
September 30, 2012
|
|
|
December 31, 2011
|
|
|
|
|
|
|
|
|
Cash
|
|
$ |
1,041,000 |
|
|
$ |
1,135,000 |
|
Money market fund
|
|
$ |
21,172,000 |
|
|
|
19,526,000 |
|
Total
|
|
$ |
22,213,000 |
|
|
$ |
20,661,000 |
|
|