XML 21 R24.htm IDEA: XBRL DOCUMENT v2.4.1.9
LOSS PER SHARE (Details) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Loss for the period $ 1,534,531us-gaap_NetIncomeLoss $ 736,919us-gaap_NetIncomeLoss
Loss for the period attributable to common stockholders 1,638,282us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 829,593us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Number of shares:    
Weighted average number of shares used in the computation of basic and diluted earnings per share 5,323,459us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 5,302,980us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted
Total weighted average number of common shares related to outstanding convertible preferred stock, options and warrants excluded from the calculations of diluted loss per share 9,195,295us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount [1] 3,417,231us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount [1]
Series A Preferred Stock [Member]    
Dividend on Preferred Stock 20,514us-gaap_PreferredStockDividendsIncomeStatementImpact
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
92,674us-gaap_PreferredStockDividendsIncomeStatementImpact
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
Series B Preferred Stock [Member]    
Dividend on Preferred Stock $ 83,237us-gaap_PreferredStockDividendsIncomeStatementImpact
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesBPreferredStockMember
  
[1] All outstanding convertible Preferred Stock, stock options and warrants have been excluded from the calculation of the diluted net loss per share for all the reported periods, because the effect of the common shares issuable as a result of the exercise or conversion of these instruments was anti-dilutive.