| Outstanding Options and Warrants |
|
|
|
|
Weighted Average Exercise Price Per |
Weighted Average Remaining Contractual Life |
|
Aggregate Intrinsic |
|
|||
| Under the 2006 Plan and 2000 Plan | Shares | Common Share | (in years) | Value | ||||||||
| Balance, December 31, 2012 | 6,231,250 | $3.58 | ||||||||||
| Granted | 80,000 | 2.04 | ||||||||||
| Exercised | – | – | ||||||||||
| Canceled or expired | (1,610,000 | ) | 4.77 | |||||||||
| Balance, December 31, 2013 | 4,701,250 | 3.15 | 1.40 | $ | 25,025 | |||||||
| Exercisable at December 31, 2013 | 4,309,583 | 3.18 | 1.27 | 25,025 | ||||||||
| Non-Plan Outstanding Warrants |
|
Shares |
|
|
Weighted Average Exercise price Per Common Share |
|
Weighted
Average Remaining Contractual Life (in years) |
|
Aggregate Intrinsic Value |
|
||
| Balance, December 31, 2012 | 1,502,898 | $1.50 | ||||||||||
| Granted | – | – | ||||||||||
| Exercised | (1,172,898 | ) | 1.12 | |||||||||
| Canceled or expired | (130,000 | ) | 3.25 | |||||||||
| Balance, December 31, 2013 | 200,000 | 2.62 | 1.92 | $ | – | |||||||
| Exercisable at December 31, 2013 | 200,000 | 2.62 | 1.92 | – | ||||||||