Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Details 1)

v2.4.0.8
Summary of Significant Accounting Policies (Details 1) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Numerator:        
Net income (numerator for basic and diluted earnings per share) $ 278,621 $ (2,015,122) $ (30,731,102) $ (2,069,446)
Denominator:        
Weighted average shares outstanding (denominator for basic earnings per share) 9,370,172 2,687,471 6,057,598 2,438,548
Gain on debt extinguishment for convertible notes        
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 2,687,471 6,057,598 2,438,548
Earnings per share, diluted $ 0.03 $ (0.75) $ (5.07) $ (0.85)