Organization and Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2015
Organization and Significant Accounting Policies  
Schedule of computation of basic and diluted net income per share

 

 

Years Ended December 31,

 

 

 

2015

 

2014

 

Net income

 

$
7,529,920 

 

$
2,050,366 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding — Basic

 
11,003,272 

 
8,743,461 

 

Effect of dilutive securities:

 

 

 

 

 

Underwriters’ warrants

 
123,144 

 

—

 

Stock options

 
1,430,471 

 
723,902 

 

Preferred stock

 

—

 
751,780 

 

 

 

 

 

 

 

Weighted-average shares outstanding — Diluted

 
12,556,887 

 
10,219,143 

 

Basic net income per share

 

$
0.68 

 

$
0.23 

 

 

 

 

 

 

 

 

 

Diluted net income per share

 

$
0.60 

 

$
0.20 

 

 

 

 

 

 

 

 

 

 

Schedule of warrants and stock options to purchase shares of common stock excluded from the calculation of diluted net income per share

 

 

As of December 31,

 

 

 

2015

 

2014

 

Anti-dilutive warrants and stock options

 
27,553 

 
129,340