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Net Income (loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss per Share
The following table sets forth the computation of basic and diluted net loss per share:
 
Year Ended December 31,
 
2013
 
2012
 
2011
Net income (loss)
$
(4,111,853
)
 
$
(7,662,376
)
 
$
(10,193,986
)
Denominator for basic earnings per share - weighted average shares
96,285,504

 
81,646,295

 
72,450,337

Effect of dilutive securities: Stock options and warrants outstanding and convertible debt (a)

 

 

Denominator for diluted earnings per share - weighted average shares adjusted for dilutive securities
96,285,504

 
81,646,295

 
72,450,337

Income (loss) per common share - basic and diluted
$
(0.04
)
 
$
(0.09
)
 
$
(0.14
)
(a)
Securities outstanding that were excluded from the computation, prior to the use of the treasury stock method, because they would have been anti-dilutive are as follows:
Summary of Antidilutive Securities
Securities outstanding that were excluded from the computation, prior to the use of the treasury stock method, because they would have been anti-dilutive are as follows:
 
Year Ended December 31,
 
2013
 
2012
 
2011
Outstanding Stock Options
15,375,960

 
13,614,135

 
10,333,583

Outstanding Warrants
1,284,816

 
3,129,168

 
9,388,817

Convertible Debt, promissory notes

 
5,313,645

 
5,007,732

Convertible Line of Credit with Related Party

 

 
1,342,726

Convertible Debt, Acquisition

 

 
1,299,315

 
16,660,776

 
22,056,948

 
27,372,173