Quarterly report pursuant to Section 13 or 15(d)

Loss per common share (Tables)

v2.4.0.8
Loss per common share (Tables)
 9 Months Ended
Sep. 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 nine month periods ended September 30, 2013 and 2012, respectively, were as follows: 
 
Three Months Ended
 
Nine Months Ended
 
September 30
2013
 
September 30
2012
 
September 30, 2013
 
September 30, 2012
Loss available to stockholders
$
(1,387,679
)
 
$
(674,605
)
 
$
(3,338,552
)
 
$
(1,509,891
)
 
 
 
 
 
 
 
 
Weighted average shares outstanding - Basic and diluted
13,212,894

 
13,166,080

 
13,212,894

 
13,166,080

Basic and diluted loss per share
$
(0.11
)
 
$
(0.05
)
 
$
(0.25
)
 
$
(0.11
)
 
 
 
 
 
 
 
 
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

 
75,806

 
75,806

 
75,806