| Investment measured at fair value on a recurring basis |
Investment measured at fair value on a recurring basis:
| |
|
Fair Value Measurements Using:
|
|
|
|
|
Quoted Prices
in Active
Markets
(Level 1)
|
|
|
Significant
Other
Observable
Inputs
(Level 2)
|
|
|
Significant
Unobservable
Inputs
(Level 3)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Marketable securities – available for sale, net of discount for effect of restriction
|
|
$
|
-
|
|
|
$
|
-
|
|
|
$
|
6,250
|
|
|
| |
|
Fair Value Measurements Using: |
|
| |
|
Quoted Prices
in Active
Markets
(Level 1)
|
|
|
Significant
Other
Observable
Inputs
(Level 2)
|
|
|
Significant
Unobservable
Inputs
(Level 3)
|
|
| |
|
|
|
|
|
|
|
|
|
| Marketable securities – available for sale, net of discount for effect of restriction |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
12,500 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Computation of basic and diluted loss per share |
The following table sets forth the computation of basic and diluted loss per share:
| |
|
For the Three Months ended
June 30, 2013
|
|
|
For the Three Months ended
June 30, 2012
|
|
|
For the Six
Months ended
June 30, 2013
|
|
|
For the Six Months ended June 30, 2012
|
|
|
Numerator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss from continuing operations
|
|
$ |
(819,972 |
) |
|
$ |
(283,980 |
) |
|
$ |
(1,534,288 |
) |
|
$ |
(3,216,554 |
) |
|
Loss from discontinued operations
|
|
$ |
9,473 |
|
|
$ |
(1,302,620 |
) |
|
$ |
118,253 |
|
|
$ |
(1,329,925 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Denominator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Denominator for basic and diluted loss per share
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(weighted-average shares)
|
|
|
4,249,120 |
|
|
|
3,174,716 |
|
|
|
3,874,283 |
|
|
|
2,774,609 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss per common share, basic and diluted:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss from continuing operations
|
|
$ |
(0.19 |
) |
|
$ |
(0.09 |
) |
|
$ |
(0.40 |
) |
|
$ |
(1.16 |
) |
|
Loss from discontinued operations
|
|
$ |
(0.00 |
) |
|
$ |
(0.41 |
) |
|
$ |
0.03 |
|
|
$ |
0.48 |
|
|
| |
|
For the Year ended December 31, 2012 |
|
|
For the period from inception,
April 30, 2011 to
December 31, 2011
|
|
| Numerator: |
|
|
|
|
|
|
| Loss from continuing operations |
|
$ |
(5,527,637 |
) |
|
$ |
(9,848 |
) |
| Loss from discontinued operations |
|
$ |
(1,410,671 |
) |
|
$ |
(99,474) |
|
| |
|
|
|
|
|
|
|
|
| Denominator: |
|
|
|
|
|
|
|
|
| Denominator for basic and diluted loss per share |
|
|
|
|
|
|
|
|
| (weighted-average shares) |
|
|
36,238,712 |
|
|
|
7,469,388 |
|
| |
|
|
|
|
|
|
|
|
| Loss per common share, basic and diluted: |
|
|
|
|
|
|
|
|
| Loss from continuing operations |
|
$ |
(0.15 |
) |
|
$ |
( 0.00 |
) |
| Loss from discontinued operations |
|
$ |
(0.04 |
) |
|
$ |
(0.01 |
) |
|