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Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Computation for Basic and Diluted Loss Per Share
The following table sets forth the computation for basic and diluted loss per share:
 
 
 
Three Months
Ended June 30,
 
 
 
Six Months
Ended June 30,
 
 
 
2013
 
 
 
2014
 
 
 
2013
 
 
 
2014
 
 
 
( Unaudited )
 
 
 
( Unaudited )
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss
 
$
(1,297,154)
 
 
 
$
(3,138,915)
 
 
 
$
(2,121,458)
 
 
 
$
(6,643,411)
 
Numerator for basic and diluted earnings per share
 
$
(1,297,154)
 
 
 
$
(3,138,915)
 
 
 
$
(2,121,458)
 
 
 
$
(6,643,411)
 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for basic and diluted earnings per share — weighted-average shares
 
 
32,798,010
 
 
 
 
38,732,793
 
 
 
 
32,797,819
 
 
 
 
38,726,196
 
Basic and diluted loss per share
 
$
(0.04)
 
 
 
$
(0.08)
 
 
 
$
(0.06)
 
 
 
$
(0.17)