Net Income (Loss) Per Share (Tables)

9 Months Ended

Sep. 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 income (loss) per share:

	Three months ended  September 30,					Nine months ended September 30,
	2014		2013			2014		2013
Net income (loss)	$	3,699,705	$	(307,118	)	$	2,387,474	$	(2,684,915	)
Denominator for basic earnings per share - weighted average shares	105,756,945		96,914,856			105,331,344		95,429,988
Effect of dilutive securities: Stock options, restricted stock, and warrants outstanding(a)	7,057,713		—			7,193,672		—
Denominator for diluted earnings per share - weighted average shares adjusted for dilutive securities	112,814,658		96,914,856			112,525,016		95,429,988
Income (loss) per common share - basic	$	0.03	$	—		$	0.02	$	(0.03	)
Income (loss) per common share - diluted	$	0.03	$	—		$	0.02	$	(0.03	)

(a) Securities outstanding that are included in the computation above, utilizing the treasury stock method for the three and nine months ended September 30, 2014, are as follows:

	Three Months	Nine Months
	September 30, 2014
Outstanding Stock Options	6,651,994	6,752,310
Outstanding Warrants	194,002	275,593
Restricted Stock Awards	211,717	165,769
	7,057,713	7,193,672

Securities outstanding for the three and nine months ended September 30, 2013 were excluded from the computation of diluted earnings per share because they would have been anti - dilutive.