Quarterly report pursuant to Section 13 or 15(d)

NET LOSS PER SHARE (Tables)

v2.4.1.9
NET LOSS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table reconciles the weighted-average shares outstanding for basic and diluted net loss per share for the three and nine months ended September 30, 2014 and 2013:
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
September 30,
 
September 30,
 
 
 
2014
 
2013
 
2014
 
2013
 
Basic:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss
 
$
(2,840,754)
 
$
(138,022)
 
$
(3,513,827)
 
$
(268,035)
 
Weighted-average shares used in computing basic earnings per share
 
 
8,358,718
 
 
5,101,770
 
 
6,199,350
 
 
5,101,770
 
Net loss per share - Basic
 
$
(0.34)
 
$
(0.03)
 
$
(0.57)
 
$
(0.05)
 
Diluted:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss
 
$
(2,840,754)
 
$
(138,022)
 
$
(3,513,827)
 
$
(268,035)
 
Weighted-average shares used in computing diluted earnings per share
 
 
8,358,718
 
 
5,101,770
 
 
6,199,350
 
 
5,101,770
 
Net loss per share - Diluted
 
$
(0.34)
 
$
(0.03)
 
$
(0.57)
 
$
(0.05)