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Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2015
Accounting Policies [Abstract]  
Schedule of Earnings Per Share Basic and Diluted

The calculation of diluted net loss per share excludes all anti-dilutive shares.

 

    Three Months Ended     Six Months Ended  
    June 30,     June 30,  
    2015     2014     2015     2014  
Numerator:                                
                                 
Net loss   $ (1,213,973 )   $ (1,101,067 )   $ (2,516,086 )   $ (2,010,751 )
                                 
Denominator:                                
Weighted average common shares – basic     9,835,927       4,900,330       9,448,777       4,667,255  
Dilutive effect of equity incentive plans     -       -       -       -  
Weighted average common shares – diluted     9,835,927       4,900,330       9,448,777       4,667,255  
                                 
Net loss per share-                                
Basic   $ (0.12 )   $ (0.22 )   $ (0.27 )   $ (0.43 )
Diluted   $ (0.12 )   $ (0.22 )   $ (0.27 )   $ (0.43 )

Schedule of Common Stock Equivalents Excluded from Income (Loss) Per Diluted Share

The following table summarizes the common stock equivalents excluded from loss per diluted share because their effect would be anti-dilutive:

 

    Three Months Ended     Six Months Ended  
    June 30,     June 30,  
    2015     2014     2015     2014  
Warrants     64,981       63,364       64,981       52,274  
Restricted Stock     55,280       -       55,280       -  
Stock options     371,048       37,436       371,048       37,436  
      491,309       100,800       491,309       89,710