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Loss Per Common Share (Tables)
3 Months Ended
Mar. 31, 2018
Loss Per Common Share [Abstract]  
Basic and Diluted Net Loss Per Share

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

    

2018

    

2017

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(1,932,798)

 

$

(1,606,026)

Denominator for basic and diluted net loss per common  share:

 

 

 

 

 

 

Weighted average number of shares of common stock outstanding - basic and diluted

 

 

54,124,230

 

 

48,522,754

 

 

 

 

 

 

 

Net loss per common share - basic and diluted

 

$

(0.04)

 

$

(0.03)

 

Shares Not Included In Diluted Net Loss Per Share

 

 

 

 

 

 

 

 

March 31,

 

    

2018

    

2017

 

 

 

 

 

 

Non-vested stock bonus plan shares

 

 

57,760

 

102,048

Stock options outstanding

 

 

3,317,560

 

3,047,873

Warrants to purchase common stock

 

 

5,489,733

 

5,489,733