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

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   
Potential Dilutive Securities Outstanding

The following potentially dilutive income 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