3. Summary of Significant Accounting Policies (Details 2) (USD $)
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3 Months Ended | 9 Months Ended | ||
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Sep. 30, 2013
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Sep. 30, 2012
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Sep. 30, 2013
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Sep. 30, 2012
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Numerator: | ||||
Net loss | $ (673,214) | $ (796,038) | $ (2,518,624) | $ (2,368,637) |
Accrued dividend for Preferred Stock | (42,938) | (36,092) | (114,348) | (454,936) |
Deemed dividend on Series J Convertible Preferred Stock | (651,182) | 0 | ||
Preferred dividend paid in common stock | (88,350) | (249,907) | ||
Deemed dividend on warrant modifications | (5,347) | (190,891) | ||
Net loss applicable to common shareholders | $ (716,152) | $ (925,827) | $ (3,284,154) | $ (3,264,371) |
Denominator for basic and diluted loss per share: | ||||
Weighted average common stock shares outstanding | 11,664,484 | 10,872,877 | 11,776,740 | 9,598,066 |
Loss per common share - basic and diluted | $ (0.06) | $ (0.09) | $ (0.28) | $ (0.34) |
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The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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