| Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] |
For the three months ended June 30, 2014, the Company calculated the potential diluted earnings per share in accordance with ASC 260, as follows:
| | | Three months ended | | | | | June 30, 2014 | | | Numerator: | | | | | | Net income (numerator for basic and diluted earnings per share) | | $ | 278,621 | | | | | | | | | Weighted average shares outstanding (denominator for basic earnings per share) | | | 9,370,172 | | | | | | | | | Effect of dilutive securities: | | | | | | Assumed exercise of stock options, treasury method | | | 846,566 | | | Assumed exercise of warrants, treasury method | | | 555,735 | | | Assumed vesting of Restricted Stock Units | | | 1,197 | | | Dilutive potential common shares | | | 1,403,498 | | | Denominator for diluted earnings per share – weighted average shares and assumed potential common shares | | | 10,773,670 | | | Earnings per share, diluted | | $ | 0.03 | |
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| Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block] |
Potentially dilutive securities outlined in the table below have been excluded from the computation of diluted net (loss) income per share because the effect of their inclusion would have been anti-dilutive.
| | | For the Three Months Ended | | For the Six Months Ended | | | | | June 30, | | June 30, | | | | | 2015 | | 2014 | | 2015 | | 2014 | | | Consulting Warrant to purchase common stock | | | 271,272 | | | - | | | 271,272 | | | 278,228 | | | Financing Warrant to purchase common stock | | | 152,778 | | | - | | | 152,778 | | | 152,778 | | | IPO Warrants to purchase common stock | | | 460,000 | | | - | | | 460,000 | | | 460,000 | | | IR Consulting Warrant | | | 36,000 | | | - | | | 36,000 | | | 36,000 | | | IR Incentive Warrant | | | 15,000 | | | - | | | 15,000 | | | - | | | Options to purchase common stock | | | 1,593,550 | | | - | | | 1,593,550 | | | 1,737,965 | | | RSUs | | | 1,043,352 | | | - | | | 1,043,352 | | | 4,035 | | | PSUs | | | 1,182,291 | | | - | | | 1,182,291 | | | - | | | Total potentially dilutive securities | | | 4,754,243 | | | - | | | 4,754,243 | | | 2,669,006 | |
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