Quarterly report pursuant to Section 13 or 15(d)

Net (Loss) Income Per Common Share

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Net (Loss) Income Per Common Share
 6 Months Ended
Jun. 30, 2015
Net (Loss) Income Per Common Share [Abstract]  
Net (Loss) Income Per Common Share

9.  Net (Loss) Income per Common Share

Basic (loss) income per common share is computed by dividing net (loss) income by the weighted average number of shares of common stock outstanding for the period.  Diluted (loss) income per common share is computed by dividing net (loss) income by the weighted average number of shares of common stock outstanding, plus the number of common share equivalents that would be dilutive.  As of June 30, 2015 and December 31, 2014, there were stock options and warrants to acquire, in the aggregate, 26,011,686 and 24,606,677 shares of the Company’s common stock, respectively, that are potentially dilutive. However, diluted (loss) income per share for all periods presented is the same as basic (loss) income per share because the inclusion of common share equivalents would be anti-dilutive. The Company is not disclosing the number of weighted average diluted shares outstanding for the three months ended June 30, 2014 because the impact is immaterial.