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SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2014
Accounting Policies [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The calculation of diluted net income (loss) per share excludes all anti-dilutive shares.
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
September 30,
 
September 30,
 
 
 
2014
 
2013
 
2014
 
2013
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss)
 
$
327,743
 
$
15,796
 
$
(1,683,008)
 
$
(1,823,807)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares – basic
 
 
4,932,057
 
 
3,474,449
 
 
4,756,703
 
 
3,471,477
 
Dilutive effect of equity incentive plans
 
 
13,750
 
 
5,721
 
 
-
 
 
-
 
Weighted average common shares – diluted
 
 
4,945,807
 
 
3,480,170
 
 
4,756,703
 
 
3,471,477
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) per share
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.07
 
$
0.00
 
$
(0.35)
 
$
(0.53)
 
Diluted
 
$
0.07
 
$
0.00
 
$
(0.35)
 
$
(0.53)
 
Schedule of Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Table Text Block]
The following table summarizes the common stock equivalents excluded from income (loss) per diluted share because their effect would be anti-dilutive:
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
September 30,
 
September 30,
 
 
 
2014
 
2013
 
2014
 
2013
 
Warrants
 
64,981
 
-
 
64,891
 
-
 
Stock options
 
61,728
 
141,372
 
75,478
 
126,841
 
 
 
126,709
 
141,372
 
140,369
 
126,841