Quarterly report pursuant to Section 13 or 15(d)

Nature of Operations, Basis of Presentation, Significant Accounting Policies and Recent Accounting Pronouncements (Tables)

Nature of Operations, Basis of Presentation, Significant Accounting Policies and Recent Accounting Pronouncements (Tables)

9 Months Ended

Sep. 30, 2014

Accounting Policies [Abstract]

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the three and nine months ended September 30, 2014 and 2013:


	Nine Months Ended September 30
	2014			2013
Basic and diluted net loss per share of common stock:
Net loss	$	(1,280,208	)	$	(312,472	)
Net loss applicable to common stockholders		(1,280,208	)		(312,472	)

Weighted average shares of common stock outstanding		18,242,956			6,964,788

Net loss per share of common stock-basic and diluted	$	(0.07	)	$	(0.04	)


	Three Months Ended September 30
	2014			2013
Basic and diluted net loss per share of common stock:
Net loss	$	(659,621	)	$	(59,552	)
Net loss applicable to common stockholders		(659,621	)		(59,552	)

Weighted average shares of common stock outstanding		25,542,755			6,964,788

Net loss per share of common stock-basic and diluted	$	(0.03	)	$	(0.01	)

Potential Dilutive Securities Excluded from the Computation of Dilutive Weighted Average Shares Outstanding

The following potentially dilutive securities outstanding at September 30, 2014 and 2013 have been excluded from the computation of dilutive weighted average shares outstanding as the would be antidilutive.


	September 30, 2014
	2014		2013
Preferred stock		—		1,112,180
Warrants		13,764,810		329,617
Stock options		2,299,382		597,243

		16,064,192		2,039,040