The following tables present the status of warrants outstanding at December 31, 2013 and December 31, 2012, respectively
|
|
| Warrants |
| Weighted- Average Exercise Price |
| Weighted- Average Remaining Contractual Term (in years) |
| Aggregate Intrinsic Value | ||||||||
| Year Ended December 31, 2012 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at January 1, 2012 |
|
| 253,893 |
|
| $ | 4.67 |
|
|
| 4.21 |
|
| $ | - |
|
| Issued |
|
| - |
|
|
| - |
|
|
|
|
|
|
| - |
|
| Exercised |
|
| - |
|
|
| - |
|
|
|
|
|
|
|
|
|
| Forfeited |
|
| - |
|
|
| - |
|
|
|
|
|
|
|
|
|
| Outstanding at December 31, 2012 |
|
| 253,893 |
|
| $ | 4.67 |
|
|
| 3.21 |
|
| $ | - |
|
| Exercisable at December 31, 2012 |
|
| 253,893 |
|
| $ | 4.67 |
|
|
| 3.21 |
|
| $ | - |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Year Ended December 31, 2013 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at January 1, 2013 |
|
| 253,893 |
|
| $ | 4.67 |
|
|
| 3.21 |
|
| $ | - |
|
| Issued |
|
| - |
|
|
| - |
|
|
|
|
|
|
|
|
|
| Exercised |
|
| - |
|
|
| - |
|
|
|
|
|
|
|
|
|
| Forfeited |
|
| - |
|
|
| - |
|
|
|
|
|
|
|
|
|
| Outstanding at December 31, 2013 |
|
| 253,893 |
|
| $ | 4.67 |
|
|
| 2.22 |
|
| $ | - |
|
| Exercisable at December 31, 2013 |
|
| 253,893 |
|
| $ | 4.67 |
|
|
| 2.22 |
|
| $ | - |
|