Quarterly report pursuant to Section 13 or 15(d)

Loss per common share

v3.3.0.814
Loss per common share
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Loss per common share
Loss per common share
All shares issuable for both periods were anti-dilutive because of the reported net loss. Basic and diluted loss per share for the three and nine months ended September 30, 2015 and 2014, respectively, were as follows: 
 
Three months ended September 30,
 
Nine months ended September 30,
 
2015
 
2014
 
2015
 
2014
Net loss attributable to stockholders
$
(948,842
)
 
$
(1,447,798
)
 
$
(1,929,144
)
 
$
(3,715,550
)
Weighted average shares outstanding - Basic and diluted
17,153,999

 
15,447,726

 
16,575,879

 
15,160,041

Basic and diluted loss per share
$
(0.06
)
 
$
(0.09
)
 
$
(0.12
)
 
$
(0.25
)
Anti-dilutive shares underlying stock options outstanding
1,186,325

 
1,254,325

 
1,186,325

 
1,254,325

Anti-dilutive convertible debentures
625,000

 
555,556

 
625,000

 
555,556