| 11. LOSS PER COMMON SHARE |
The
following is a reconciliation of the numerators and denominators of the basic and diluted loss per common share computations for
the years ended:
| |
|
December
31, |
|
| |
|
2013 |
|
|
2012 |
|
| |
|
|
|
|
|
|
| Numerator for basic and diluted loss per common share: |
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Net loss to common stockholders
from continuing operations |
|
$ |
(4,944,809 |
) |
|
$ |
(3,988,566 |
) |
| |
|
|
|
|
|
|
|
|
| Net loss from discontinued operations |
|
$ |
(609,292 |
) |
|
$ |
(16,940 |
) |
| |
|
|
|
|
|
|
|
|
| Net loss to common stockholders |
|
$ |
(5,554,101 |
) |
|
$ |
(4,005,506 |
) |
| |
|
|
|
|
|
|
|
|
| Denominator for basic and diluted loss per common share: |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| Weighted Average Number of Shares Outstanding |
|
|
6,126,838 |
|
|
|
4,150,976 |
|
| |
|
|
|
|
|
|
|
|
| Basic and diluted loss per common share
from continuing operations |
|
$ |
(0.81 |
) |
|
$ |
(0.96 |
) |
| |
|
|
|
|
|
|
|
|
| Basic and diluted loss per common share
from discontinued operations |
|
$ |
(0.10 |
) |
|
$ |
(0.00 |
) |
| |
|
|
|
|
|
|
|
|
| Basic and diluted loss per common share |
|
$ |
(0.91 |
) |
|
$ |
(0.96 |
) |
Due
to their anti-dilutive effect, the potential common shares have been excluded from the computation of diluted loss per share:
| |
|
December
31, |
|
| |
|
2013 |
|
|
2012 |
|
| |
|
|
|
|
|
|
| Warrants |
|
|
15,244,914 |
|
|
|
3,811,116 |
|
| Stock options |
|
|
1,840,556 |
|
|
|
1,840,556 |
|
| Convertible notes |
|
|
2,333,333 |
|
|
|
2,304,478 |
|
| Series A Preferred |
|
|
1,629,006 |
|
|
|
1,292,492 |
|
| Series B Preferred |
|
|
5,693,344 |
|
|
|
2,993,504 |
|
| Series C Preferred |
|
|
902,778 |
|
|
|
451,750 |
|
| Series D Preferred |
|
|
2,140,000 |
|
|
|
- |
|
| |
|
|
29,783,931 |
|
|
|
12,693,896 |
|
|