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Net (Loss) Income Per Share of Common Stock
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Net (Loss) Income Per Share of Common Stock

3. Net (Loss) Income Per Share of Common Stock

The following table sets forth the computation of basic and diluted (loss) income per share for the three months ended March 31, 2014 and 2013:

 

     Three Months Ended
March 31,		  
     2014     2013  

Net (loss) income

    $ (5,101,850 )    $ 459,687   

(Loss) income per share—basic

    $ (0.30 )    $ 0.49   

(Loss) income per share—diluted

    $ (0.30 )    $ 0.04   

Weighted-average number of shares—basic

      17,232,566        930,529   

Weighted-average number of shares—diluted

      17,232,566        11,128,733   

Included within diluted income per share for the quarter ended March 31, 2013 are 520,551 warrants, 372,285 stock options and 9,305,368 convertible preferred stock common stock equivalents. The following potentially dilutive securities outstanding at March 31, 2014 and 2013 have been excluded from the computation of diluted weighted average shares outstanding, as they would be anti-dilutive:

 

     March 31,  
     2014      2013  

Warrants

      635,253         1,544   

Stock options

      1,729,186         111,973