Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v2.4.0.8
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2014
Summary of Significant Accounting Policies [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following table presents a summary of fair value measurements for certain financial instruments measured at fair value on a recurring basis:

Financial Instrument
 
Level
   
June 30,
2014
   
December 31,
2013
 
Warrant liability
   
3
   
$
71,689
   
$
85,221
 

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The computation of basic net loss per share for the three and months ended June 30, 2014 and 2013 excludes the potentially dilutive securities summarized in the table below because their inclusion would be anti-dilutive.
 
   
2014
   
2013
 
Warrants to purchase common stock
   
131,250
     
131,250
 
Stock options
   
183,000
     
-
 
     
314,250
     
131,250