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Basic and Diluted Net Loss per Share
 6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Note 2—
Basic and Diluted Net Loss per Share
 
 
 
Basic net loss per common share is computed using the weighted average number of common shares outstanding during the period. Diluted net loss per share is computed using the weighted average number of common shares and potential dilutive common shares that were outstanding during the period. Potential dilutive common shares consist of outstanding stock options, outstanding stock warrants, and convertible preferred stock.
  
 
The following table sets forth the computation of basic and diluted net loss per share:
  
 
 
Three months ended June 30
 
 
Six months ended June 30
 
 
 
2014
 
 
2013
 
 
2014
 
 
2013
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss
 
$
(288,766
)
 
$
(213,745
)
 
$
(439,716
)
 
$
(18,944
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for basic net loss per share—weighted average shares
 
 
12,666,000
 
 
 
12,616,000
 
 
 
12,666,000
 
 
 
12,617,000
 
Dilutive effect of employee stock options and other warrants
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for diluted net loss per share—adjusted weighted average shares
 
 
12,666,000
 
 
 
12,616,000
 
 
 
12,666,000
 
 
 
12,617,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic net loss per share
 
$
(0.02
)
 
$
(0.02
)
 
$
(0.03
)
 
$
(0.00
)
Diluted net loss per share
 
$
(0.02
)
 
$
(0.02
)
 
$
(0.03
)
 
$
(0.00
)
 
 
Options and warrants to purchase 1,502,987 shares of common stock for the three months and six months ended June 30, 2014, respectively, were not included in the denominator for diluted net loss per share because their effect would be antidilutive or because the shares were deemed contingently issuable. Options and warrants to purchase 1,585,327 shares of common stock for the three months and six months ended June 30, 2013, respectively, were not included in the denominator for diluted net loss per share because their effect would be antidilutive or because the shares were deemed contingently issuable.