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Significant Accounting Policies (Tables)
9 Months Ended
Sep. 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 
September 30,
    Nine Months Ended 
September 30,
 
    2017     2016     2017     2016  
Numerator:                        
Net loss   $ (1,074,845 )   $ (726,922 )   $ (3,110,155 )   $ (4,645,529 )
                                 
Denominator:                                
Weighted average common shares –
Basic/Diluted
    13,167,955       10,246,629       11,565,340       9,680,010  
                                 
Net loss per share –
Basic/Diluted
  $ (0.08 )   $ (0.07 )   $ (0.27 )   $ (0.48 )

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 
September 30,
    Nine Months Ended
September 30,
 
    2017     2016     2017     2016  
Stock options     1,651,420       1,651,920       1,651,420       1,651,920  
Warrants     471,801       688,301       471,801       688,301  
Restricted stock     29,377       43,466       29,377       43,466  
      2,152,598       2,383,687       2,152,598       2,383,687