Quarterly report pursuant to Section 13 or 15(d)

Significant Accounting Policies (Tables)

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Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2018
Accounting Policies [Abstract]  
Schedule of Marketable Securities

This includes basing value on yields currently available on comparable securities of issuers with similar credit ratings.

 

    Quoted Prices in
Active Markets for
Identical Assets or
Liabilities
(Level 1)
    Quoted Prices for
Similar Assets or
Liabilities in
Active Markets
(Level 2)
    Significant
Unobservable Inputs
(Level 3)
 
Marketable securities at September 30, 2018   $          -     $ 4,866,033     $                -  
                         
Marketable securities at December 31, 2017   $ -     $ 5,011,607     $ -  

Schedule of Future Amortization Expense of Intangible Assets

The following is an annual schedule of approximate future amortization of the Company’s intangible assets:

 

Period   Amount  
2018 (three months)   $ 42,777  
2019     171,108  
2020     149,298  
2021     147,315  
2022     147,315  
2023     147,315  

Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share

The following securities are excluded from the calculation of weighted average dilutive common shares because their inclusion would have been anti-dilutive:

 

   

For the Three and Nine Months

Ended September 30,

 
    2018     2017  
Incentive and Award Stock Options     10,500       31,875  
Unvested Restricted Shares of Common Stock     -       1,146  
Warrants     1,416,229       186,321  
Total potentially dilutive shares     1,426,729       219,342