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Net Income (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 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
 June 30,
 
Six months ended
June 30
 
2014
 
2013
 
2014
 
2013
Net income (loss)
$
(390,159
)
 
$
(757,389
)
 
$
(1,312,231
)
 
$
(2,377,797
)
Denominator for basic earnings per share - weighted average shares
105,757,178

 
95,988,100

 
105,552,330

 
94,599,406

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
105,757,178

 
95,988,100

 
105,552,330

 
94,599,406

Income (loss) per common share - basic and diluted
$

 
$
(0.01
)
 
$
(0.01
)
 
$
(0.03
)
(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:
 
Six months ended June 30,
 
2014
 
2013
Outstanding Stock Options
17,032,203

 
15,917,272

Outstanding Warrants
267,816

 
2,132,002

Restricted Stock Awards
958,084

 
282,500

 
18,258,103

 
18,331,774