General form of registration statement for all companies including face-amount certificate companies

Summary of Significant Accounting Policies (Tables)

v3.6.0.2
Summary of Significant Accounting Policies (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2016
Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]    
Schedule of computation of diluted loss per share
    September 30,
2016
    September 30,
2015
 
Shares issuable for exercise of options and warrants     1,600,000       500,000  
Full conversion of convertible senior secured and unsecured notes     1,500,000        
Total     3,100,000       500,000  
 
Schedule of earnings per share, basic and diluted
   

Three Months Ended

September 30,

   

Nine Months Ended

September 30,

 
    2016     2015     2016     2015  
Net loss   $ (1,596,000 )   $ (3,310,000 )   $ (7,628,000 )   $ (8,601,000 )
Weighted average number of common shares outstanding:                                
Basic and diluted     3,785,216       2,464,100       3,591,233       2,385,500  
Net loss attributable to common stockholders per share:                                
Basic and diluted   $ (0.42 )   $ (1.34 )   $ (2.12 )   $ (3.61 )
    Year ended
December 31,
2015
    Year ended December 31,
2014
 
             
Net loss   $ (13,107,000 )   $ (10,534,000 )
Weighted average number of common shares outstanding:                
Basic and diluted     2,405,147       1,707,620  
Net loss attributable to common stockholders per share:                
Basic and diluted   $ (5.45 )   $ (6.17 )