Net Loss Per Share (Tables)

9 Months Ended

Sep. 30, 2016

Net income (loss) per share

Schedule of Computation of Net Income Per Share

Computation of net loss per share is as follows:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2016			2015			2016		2015
Net income (loss)	$	(1,223,857	)	$	(1,289,037	)	$	7,139,342	$	(4,325,716	)
Basic weighted average common shares outstanding		8,345,750			6,858,407			7,741,351		6,062,196
Add incremental shares for:
Warrants		-			-			-		-
Stock options		-			-			-		-
Diluted weighted average common shares outstanding		8,345,750			6,858,407			7,741,351		6,062,196
Net loss per share:
Basic	$	(0.15	)	$	(0.19	)	$	0.92	$	(0.71	)
Diluted	$	(0.15	)	$	(0.19	)	$	0.92	$	(0.71	)