Net Loss Per Share

3 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

Net Loss Per Share

Note 9: Net Loss Per Share

Computation of net loss per share is as follows:

	Three Months Ended
	March 31,
	2016			2015
Net loss	$	(710,098	)	$	(1,170,028	)
Basic weighted average common shares outstanding		7,252,470			5,456,735
Add incremental shares for:
Warrants		-			-
Stock options		-			-
Diluted weighted average common shares outstanding		7,252,470			5,456,735
Net loss per share:
Basic	$	(0.10	)	$	(0.21	)
Diluted	$	(0.10	)	$	(0.21	)

For the three months ended March 31, 2016, 1,159,412 stock options and 170,973 warrants were excluded from diluted net loss per share, because the effect of including these potential shares was anti-dilutive. For the three months ended March 31, 2015, 821,940 stock options and 170,973 warrants were excluded from diluted net loss per share, because the effect of including these potential shares was anti-dilutive.