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Earnings (Loss) Per Common Share (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Basic earnings (loss) per common share is computed by dividing the net income or loss by the basic weighted-average number of shares of common stock outstanding during each period presented. Diluted earnings per share is computed by dividing the net income or loss by the total of the basic weighted-average number of shares of common stock outstanding plus the additional dilutive securities that could be exercised or converted into common shares during each period presented less the amount of shares that could be repurchased using the proceeds from the exercises.
 
Three Months Ended
 
Nine Months Ended
 
September 30,
2017
 
September 30,
2016
 
September 30,
2017
 
September 30,
2016
Net loss
$
(558,805
)
 
$
(1,511,603
)
 
$
(4,724,623
)
 
$
(5,730,568
)
Weighted average shares outstanding - basic and diluted
5,702,297

 
5,420,020

 
5,659,423

 
5,357,119

Basic and diluted loss per common share
$
(0.10
)
 
$
(0.28
)
 
$
(0.83
)
 
$
(1.07
)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

The Company excluded the following weighted average items from the above computation of diluted loss per common share as their effect would be anti-dilutive:
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
2017
 
September 30,
2016
 
September 30,
2017
 
September 30,
2016
Stock options
 
993,546

 
904,706

 
979,775

 
874,363

Warrants
 
520,147

 
557,423

 
537,039

 
550,002

Restricted stock units
 

 

 

 

Total excluded shares
 
1,513,693

 
1,462,129

 
1,516,814

 
1,424,365