Net Income (loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2014

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:

	Three months ended March 31,
	2014			2013
Net income (loss)	$	(922,072	)	$	(1,620,408	)
Denominator for basic earnings per share - weighted average shares	105,358,694			93,128,466
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	105,358,694			93,128,466
Income (loss) per common share - basic and diluted	$	(0.01	)	$	(0.02	)

(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:

	Three months ended March 31,
	2014	2013
Outstanding Stock Options	17,142,303	16,022,703
Outstanding Warrants	267,816	2,344,002
Restricted Stock Awards	942,084	257,500
	18,352,203	18,624,205