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Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2017
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,  
    2017     2016     2017     2016  
Numerator:                                
                                 
Net Loss   $ (1,098,553 )   $ (1,775,116 )   $ (2,035,310 )   $ (3,918,607 )
                                 
Denominator:                                
Weighted average common shares –                                
Basic/Diluted     10,769,437       9,108,856       10,750,751       9,393,587  
                                 
Net Loss per share –                                
Basic/Diluted   $ (0.10 )   $ (0.19 )   $ (0.19 )   $ (0.42 )

Summary of the Common Stock Equivalents Excluded from 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,  
    2017     2016     2017     2016  
Stock options     1,652,920       2,054,547       1,652,920       2,054,547  
Warrants     472,801       688,301       472,801       688,301  
Restricted stock     28,025       53,017       28,025       53,017  
      2,153,746       2,795,865       2,153,746       2,795,865