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Net Loss per Common Share
3 Months Ended
Mar. 31, 2015
Subsequent Events [Abstract]  
Net Loss per Common Share

  6. Net Loss per Common Share

 

Basic net loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the period, without considering any dilutive items. Diluted net loss per common share is computed by dividing net loss by the sum of the weighted average number of common shares outstanding and the potential number of any dilutive common shares outstanding during the period. Potentially dilutive securities consist of the incremental common stock issuable upon exercise of stock options and convertible notes. Potentially dilutive securities are excluded from the computation if their effective is anti-dilutive. The numerators and denominators used in computing basic and diluted net loss per common share for the three months ended March 31, 2015 and 2014 are as follows:

 

   

Net Loss

(Numerator)

 

Weighted Average Shares

(Denominator)

 

Net Loss Per

Common Share

2015            
  Basic and diluted net loss per common share     $ (831,018 )     45,512,500     $ (0.02 )
                             
2014                          
  Basic and diluted net loss per common share     $ (25,279 )     32,000,000     $ (0.00 )