Quarterly report pursuant to Section 13 or 15(d)

Loss per common share (Tables)

v2.4.0.8
Loss per common share (Tables)
 3 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Schedule of Loss Per Common Share, Basic and Diluted
Basic and diluted loss per share for the three and six month periods ended June 30, 2013 and 2012, respectively, were as follows: 
 
Three Months Ended
 
Six Months Ended
 
June 30
2013
 
June 30
2012
 
June 30, 2013
 
June 30, 2012
Loss available to stockholders
$
(1,090,480
)
 
$
(396,973
)
 
$
(1,950,873
)
 
$
(835,286
)
 
 
 
 
 
 
 
 
Weighted average shares outstanding - Basic and diluted
13,205,476

 
13,114,604

 
13,209,165

 
13,064,879

Basic and diluted loss per share
$
(0.08
)
 
$
(0.03
)
 
$
(0.15
)
 
$
(0.06
)
 
 
 
 
 
 
 
 
Anti-dilutive shares underlying stock options outstanding
1,134,000

 
1,095,250

 
1,134,000

 
1,095,250

Anti-dilutive convertible debentures
75,806

 
159,139

 
75,806

 
159,139