Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2016

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,
	2016			2015			2016			2015
Numerator:
Net loss	$	(726,922	)	$	(1,267,797	)	$	(4,645,529	)	$	(3,783,883	)
Denominator:
Weighted average common shares –
Basic/Diluted		10,246,629			9,851,764			9,680,010			9,584,582
Net loss per share –
Basic/Diluted	$	(0.07	)	$	(0.13	)	$	(0.48	)	$	(0.39	)

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,
	2016		2015		2016		2015
Stock options		1,651,920		1,905,362		1,651,920		1,905,362
Warrants		688,301		64,981		688,301		64,981
Restricted Stock		43,466		68,743		43,466		68,743
		2,383,687		2,039,086		2,383,687		2,039,086