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Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2015

Accounting Policies [Abstract]

Schedule of Earnings Per Share Basic and Diluted

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

		Three Months Ended								Nine Months Ended
		September 30,								September 30,
		2015				2014				2015				2014
Numerator:
Net (loss) income		$	(1,267,797	)		$	327,743			$	(3,783,883	)		$	(1,683,008	)
Denominator:
Weighted average common shares – basic			9,851,764				4,932,057				9,584,582				4,756,703
Dilutive effect of equity incentive plans			-				13,750				-				-
Weighted average common shares – diluted			9,851,764				4,945,807				9,584,582				4,756,703
Net (loss) income per share-
Basic		$	(0.13	)		$	0.07			$	(0.39	)		$	(0.35	)
Diluted		$	(0.13	)		$	0.07			$	(0.39	)		$	(0.35	)

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

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,
		2015				2014				2015				2014
Warrants			64,981				64,981				64,981				64,981
Restricted Stock			68,743				-				68,743				-
Stock options			1,905,362				61,728				1,905,362				75,478
			2,039,086				126,709				2,039,086				140,459

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- References

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 260



-SubTopic 10



-Section 50



-Paragraph 1



-Subparagraph (c)



-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 260



-SubTopic 10



-Section 50



-Paragraph 1



-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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