XML 33 R22.htm IDEA: XBRL DOCUMENT v3.7.0.1
Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 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.

  

    Year Ended  
    December 31,  
    2016     2015  
Numerator:                
Net Loss   $ (5,734,681 )   $ (5,333,951 )
                 
Denominator:                
Weighted average common shares –                
Basic/Diluted     9,914,809       9,658,346  
                 
Net Loss per share –                
Basic/Diluted   $ (0.58 )   $ (0.55 )

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:

 

    2016     2015  
             
Stock Options     1,665,420       1,901,298  
Warrants     535,301       64,981  
Restricted Stock     32,714       67,077  
Total     2,233,435       2,033,356