Crucial 2012 Annual Report Download - page 275

30
INOTERA MEMORIES, INC.
NOTES TO FINANCIAL STATEMENTS
(Continued)
(18) Loss Per Share
For the years ended December 31, 2009, 2010 and 2011, the weighted-average number of outstanding common
shares and the common stock equivalents for calculating the basic loss per share consisted of the following:
For the year ended December 31, 2009
Amount Loss per share
Loss before
income tax Loss after income tax Total weighted-average outstanding shares Before income tax After income tax
Basic loss per share $ (11,476,927) (11,476,927) 3,600,527 (3.19) (3.19)
For the year ended December 31, 2010
Amount Loss per share
Loss before
income tax Loss after income tax Total weighted-average outstanding shares Before income tax After income tax
Basic loss per share $ (10,661,312) (10,661,312) 4,555,673 (2.34) (2.34)
For the year ended December 31, 2011
Amount Loss per share
Loss before
income tax Loss after income tax Total weighted-average outstanding shares Before income tax After income tax
Basic loss per share $ (21,003,168) (21,003,168) 4,640,943 (4.53) (4.53)
The Company has issued employee stock options, which are potential common shares. Only basic loss per share
is disclosed because these potential common shares are not dilutive for the years ended December 31, 2009, 2010
and 2011.
(19) Financial Instrument Information
(a) Fair value of financial instruments
The book value of short-term financial instruments including cash and cash equivalents, accounts receivable/
payable (including related parties), financing from related parties and short-term loans, is believed to be not
materially different from the fair value because the maturity dates of these short-term financial instruments
are within one year from the balance sheet date.