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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Intangible Assets and Goodwill
The gross carrying amount and accumulated amortization of other intangible assets as of December 31, 2013 and 2012 are as follows: 
 
 
December 31, 2013
 
December 31, 2012
Goodwill
 
$
4,150,339

 
$
4,150,339

Other intangible assets:
 
 

 
 

Gross carrying amount
 
$
3,256,709

 
$
3,128,588

Accumulated amortization
 
(3,077,113
)
 
(2,954,162
)
Net carrying amount
 
$
179,596

 
$
174,426

 
Computation of Earnings Per Share
The following represents a reconciliation of the numerators and denominators of the basic and diluted EPS computation:
 
 
Year Ended December 31,
 
 
2013
 
2012
 
2011
Numerator:






Net Loss

$
(10,932,590
)
 
$
(14,984,321
)
 
$
(23,368,283
)
Effects of redeemable convertible preferred stock:

 
 
 
 
 
Less: Preferred stock dividends

216,379

 

 

Less: accretion to redemption value of series A preferred stock

127,504

 

 

Net loss attributable to common stockholders

$
(11,276,473
)
 
$
(14,984,321
)
 
$
(23,368,283
)
 

 
 
 
 
 
Denominator:

 
 
 
 
 
Basic Shares outstanding

47,979,467

 
47,408,995

 
46,648,928

Effect of dilutive securities:

 
 
 
 
 
Stock options and restricted stock


 

 

Preferred stock


 

 

Diluted shares outstanding

47,979,467

 
47,408,995

 
46,648,928

 

 
 
 
 
 
EPS:

 
 
 
 
 
Basic net loss per share attributable to common stockholders

$
(0.24
)
 
$
(0.32
)
 
$
(0.50
)
 

 
 
 
 
 
Diluted net loss per share attributable to common stockholders

$
(0.24
)
 
$
(0.32
)
 
$
(0.50
)