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Share-based Compensation
 9 Months Ended
Sep. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-based Compensation
Share-based Compensation
 
Wave recognized $143,331 and $(547,950) of share-based compensation during the three-months ended September 30, 2015 and 2014, respectively and $241,860 and $303,894 for the nine-month periods ended September 30, 2015 and 2014, respectively.  During the three-month periods ended September 30, 2015 and 2014, Wave granted 22,000 and 178,100 in share-based awards at a weighted-average estimated fair value of $0.44 and $0.71, respectively.  During the nine-month periods ended September 30, 2015 and 2014, Wave granted 1,127,750 and 1,856,100 share-based awards at a weighted-average estimated fair value of $0.78 and $0.54, respectively.
 
The following table summarizes the effect of share based compensation in Wave’s statement of operations, for the three-month and nine-month periods ended September 30, 2015 and 2014:

 
Three months ended
 September 30,
 
Nine months ended
September 30,
 
2015
 
2014
 
2015
 
2014
Cost of Sales
$
(2,359
)
 
$
3,129

 
$
2,437

 
$
10,310

Selling, General & Administrative
140,405

 
(365,262
)
 
262,809

 
296,837

Research & Development
5,285

 
(185,817
)
 
(23,386
)
 
(3,253
)
Total
$
143,331

 
$
(547,950
)
 
$
241,860

 
$
303,894