Active Power Just Filed Its Quarterly Report: 3.Net Income (Loss) ...


3.Net Income (Loss) Per Share

The following table sets forth the computation of basic and diluted net income (loss) per share (in thousands, except per share data):
 
 
 
Three Months Ended
June 30,
  
Six Months Ended
June 30,
 
 
 
2014
  
2013
  
2014
  
2013
 
 
 
  
(restated)
  
  
(restated)
 
 
 
  
  
  
 
Net income (loss)
 
$
(4,413
)
 
$
332
  
$
(8,287
)
 
$
(1,089
)
Basic and dilutive:
                
Weighted-average shares of common stock oustanding
  
23,114
   
19,296
   
21,851
   
19,261
 
Dilutive effect of employee stock options and restricted stock awards
  
-
   
195
   
-
   
-
 
Weighted-average shares for diluted net income per share
  
23,114
   
19,491
   
21,851
   
19,261
 
 
                
Basic net income (loss) per share
 
$
(0.19
)
 
$
0.02
  
$
(0.38
)
 
$
(0.06
)
Diluted net income (loss) per share
 
$
(0.19
)
 
$
0.02
  
$
(0.38
)
 
$
(0.06
)

The calculation of diluted loss per share excludes 2,388,398 and 2,310,756 shares of common stock issuable upon exercise of employee stock options for the six months ended June 30, 2014 and 2013, respectively, and non-vested shares of common stock issuable upon exercise of 30,656 and 138,993 restricted stock units for the six months ended June 30, 2014 and 2013, respectively, because their inclusion would be anti-dilutive.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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