Net Loss Per Common Share

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Net Loss Per Common Share

6. Net Loss Per Common Share

Because the Company was in a loss position for each of the periods presented, diluted net loss per share is the same as basic net loss per share for each period as the inclusion of all potential common shares outstanding would have been anti-dilutive. The following outstanding shares of common stock equivalents were excluded from the computation of diluted net loss per share for the periods presented because including them would have been anti-dilutive:

	Three Months ended  September 30,
	2014		2013
Weighted average shares outstanding:
Convertible preferred stock		-		1,480,042
Convertible preferred stock warrants		-		1,285,838
Common stock warrants		359,714		-
Options		389,663		337,500
Total		749,377		3,103,380

	Nine Months ended  September 30,
	2014		2013
Weighted average shares outstanding:
Convertible preferred stock		414,267		1,480,042
Convertible preferred stock warrants		326,134		1,285,838
Common stock warrants		285,655		-
Options		354,951		337,500
Total		1,381,007		3,103,380