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Earnings Per Common Share (EPS) (Tables)
 3 Months Ended
Mar. 31, 2015
Earnings Per Common Share (EPS) [Abstract]  
Schedule Of Earnings Per Share, Basic and Diluted [Table Text Block]
The computations of basic and diluted EPS were as follows for the periods presented below:
 
 
 
THREE MONTHS ENDED
 
 
 
MARCH 31,
 
 
 
2015
 
2014
 
 
 
 
 
 
 
 
 
 
 
(Unaudited)
 
Basic EPS Computation:
 
 
 
 
 
 
 
Net (loss) income
 
$
(1,157,759)
 
$
(926,698)
 
Weighted average number of common shares
 
 
81,743,812
 
 
66,826,037
 
Basic EPS
 
$
(0.014)
 
$
(0.014)
 
 
 
 
 
 
 
 
 
Basic EPS Computation:
 
 
 
 
 
 
 
Net (loss) income
 
$
(1,157,759)
 
$
(926,698)
 
 
 
 
 
 
 
 
 
Weighted average number of common shares
 
 
81,743,812
 
 
66,826,037
 
Incremental shares from assumed conversions of stock options(1)
 
 
-
 
 
-
 
Adjusted weighted average number of common shares
 
 
81,743,812
 
 
66,826,037
 
 
 
 
 
 
 
 
 
Diluted EPS
 
$
(0.014)
 
$
(0.014)
 
 
(1)
The dilutive effect of unexercised stock options excludes 204,562 and 582,012 of options from the computation of EPS for the three months ended March 31, 2015 and 2014, respectively.