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Loss Per Common Share
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
LOSS PER COMMON SHARE
 
Net losses were reported during the twelve months ended December 31, 2013 and 2012.  As such, the Company excluded the following items from the computation of diluted loss per common share as their effect would be anti-dilutive:
 
 
Twelve Months Ended
 
 
December 31,
2013
 
December 31,
2012
Stock options
 
7,750,478

 
391,977

Warrants
 
18,605,999

 
128,434

Restricted stock
 
1,687,500

 
—

Potential conversion of Series A convertible preferred stock
 
—

 
3,788

Potential conversion of promissory notes payable
 
—

 
537,146

Total excluded shares
 
28,043,977

 
1,061,345



As disclosed further in Note 11, the Company entered into an equity transaction in February 2014, whereby it issued a total of 35,786,750 additional warrants.