Quarterly report pursuant to Section 13 or 15(d)

NET LOSS PER SHARE

v3.2.0.727
NET LOSS PER SHARE
 6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
6.
NET LOSS PER SHARE
 
The following table reconciles the weighted-average shares outstanding for basic and diluted net loss per share for the three and six months ended June 30, 2015 and 2014:
 
 
 
Three Months Ended
 
Six Months Ended
 
 
 
June 30,
 
June 30,
 
 
 
2015
 
2014
 
2015
 
2014
 
Basic:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss
 
$
(1,487,378)
 
$
(289,401)
 
$
(2,653,288)
 
$
(673,073)
 
Weighted average shares used in computing basic loss per share
 
 
9,719,858
 
 
5,101,770
 
 
9,703,568
 
 
5,101,770
 
Net loss per share - Basic
 
$
(0.15)
 
$
(0.06)
 
$
(0.27)
 
$
(0.13)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss
 
$
(1,487,378)
 
$
(289,401)
 
$
(2,653,288)
 
$
(673,073)
 
Weighted average shares used in computing diluted loss per share
 
 
9,719,858
 
 
5,101,770
 
 
9,703,568
 
 
5,101,770
 
Net loss per share - Diluted
 
$
(0.15)
 
$
(0.06)
 
$
(0.27)
 
$
(0.13)
 
 
The unvested restricted share units (“RSUs”) have been excluded from the above calculation as they were anti-dilutive. Vested RSUs have been included in the above calculations. The net loss per share - basic excludes 1,287,529 of contingently-issued shares. The net loss per share - diluted does not include any contingently issuable shares as the effect would be anti-dilutive.