XML 25 R22.htm IDEA: XBRL DOCUMENT v2.4.1.9
NET LOSS PER COMMON SHARE (Tables)
3 Months Ended
Mar. 31, 2015
NET LOSS PER COMMON SHARE [Abstract]  
Reconciliation of the differences between the basic and fully diluted earnings per share
The following table reconciles the differences between the basic and diluted earnings per share presentations:

  
Three Months Ended March 31,
 
  
2015
  
2014
 
Numerator:
    
Net loss
 
$
(1,679,451
)
 
$
(1,063,394
)
         
Denominator:
        
Weighted average common shares outstanding:
        
Basic
  
20,107,504
   
20,197,301
 
Stock options
  
-
   
-
 
Diluted
  
20,107,504
   
20,197,301
 
         
Net loss per common share:
        
Basic
 
$
(0.08
)
 
$
(0.05
)
Diluted
 
$
(0.08
)
 
$
(0.05
)