Annual report pursuant to Section 13 and 15(d)

3. Loss Per Share (Details)

v3.3.1.900
3. Loss Per Share (Details) - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Numerator    
Net loss $ (8,229,825) $ (2,567,142)
Dividends on Series A-1, A-2 and A-4 Convertible Preferred Stock (101,729) (101,729)
Dividends declared on Series B-2 Convertible Preferred Stock $ (289,665) (326,220)
Gain on nominal warrants (364,167)
Adjusted loss attributable to common stockholders $ 1,214,401 $ (2,642,025)
Denominator    
Basic and diluted weighted average common shares outstanding 9,894,916 7,741,975
Loss per share    
Basic and diluted $ 0.12 $ (0.34)