Annual report pursuant to Section 13 and 15(d)

NET LOSS PER COMMON SHARE (Tables)

v3.3.1.900
NET LOSS PER COMMON SHARE (Tables)
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Schedule of Losses 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 years ended December 31, 2015 and 2014:
 
 
 
Year ended December 31,
 
 
 
2015
 
2014
 
Basic and Diluted:
 
 
 
 
 
 
 
Net loss attributable to common shareholders
 
$
(4,894,385)
 
$
(4,509,250)
 
Weighted average shares applicable to common shareholders used in computing basic and diluted loss per share
 
 
9,732,806
 
 
7,084,630
 
Net loss attributable to common shareholders per share - Basic and Diluted
 
$
(0.50)
 
$
(0.64)