Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v2.4.0.8
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2013
Share-Based Compensation [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
A summary of stock option activity is presented in the tables below.
 
 
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
 
Average
 
 
 
 
 
 
Weighted
 
Remaining
 
 
 
Number
 
Average
 
Contractual
 
 
 
of
 
Exercise
 
Life
 
 
 
Shares
 
Price
 
(in Years)
 
Options outstanding at December 31, 2011
 
 
3,250,000
 
$
0.884
 
 
 
 
Granted
 
 
1,200,000
 
 
0.796
 
 
 
 
Exercised
 
 
(100,000)
 
 
0.333
 
 
 
 
Expired
 
 
(600,000)
 
 
0.889
 
 
 
 
Options outstanding at December 31, 2012
 
 
3,750,000
 
 
0.870
 
 
 
 
Granted
 
 
100,000
 
 
0.130
 
 
 
 
Exercised
 
 
—
 
 
—
 
 
 
 
Expired
 
 
(700,000)
 
 
1.045
 
 
 
 
Options outstanding at December 31, 2013
 
 
3,150,000
 
$
0.818
 
 
2.62
 
 
 
 
 
 
 
 
 
 
 
 
Options exercisable at December 31, 2012
 
 
3,512,500
 
$
0.876
 
 
 
 
Options exercisable at December 31, 2013
 
 
3,000,000
 
$
0.843
 
 
2.52
 
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
The exercise prices of common stock options outstanding and exercisable are as follows at December 31, 2013: 
 
 
 
 
Options
 
Options
 
Exercise
 
Outstanding
 
Exercisable
 
Prices
 
(Shares)
 
(Shares)
 
 
 
 
 
 
 
 
 
 
$
0.130
 
 
100,000
 
 
—
 
$
0.333
 
 
200,000
 
 
200,000
 
$
0.500
 
 
200,000
 
 
200,000
 
$
0.650
 
 
700,000
 
 
650,000
 
$
0.980
 
 
450,000
 
 
450,000
 
$
1.000
 
 
1,500,000
 
 
1,500,000
 
 
 
 
 
3,150,000
 
 
3,000,000