Quarterly report pursuant to Section 13 or 15(d)

NET LOSS PER SHARE (Tables)

v2.4.1.9
NET LOSS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2015
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 months ended March 31, 2015 and 2014:
 
 
 
Three Months Ended
 
 
 
March 31,
 
 
 
2015
 
2014
 
Basic:
 
 
 
 
 
 
 
Net loss
 
$
(1,165,910)
 
$
(383,672)
 
Weighted average shares used in computing basic loss per share
 
 
9,687,097
 
 
5,101,770
 
Net loss per share - Basic
 
$
(0.12)
 
$
(0.08)
 
 
 
 
 
 
 
 
 
Diluted:
 
 
 
 
 
 
 
Net loss
 
$
(1,165,910)
 
$
(383,672)
 
Weighted average shares used in computing diluted loss per share
 
 
9,687,097
 
 
5,101,770
 
Net loss per share - Diluted
 
$
(0.12)
 
$
(0.08)