v2.4.0.8
Stock Based Compensation (Tables)
3 Months Ended
Mar. 31, 2014
Stock Based Compensation [Abstract]  
Summary of Company's restricted share awards
 
Restricted Shares
 
Number of
Restricted Shares
  
Weighted Average
Fair Value at
Grant Date
 
Non-vested at  March 31, 2014
  
118,378
  
$
2.80
 
Awarded during 2014
  
250,000
   
.29
 
Non-vested at March 31, 2014
  
419,368
  
$
1.10
 
 
Stock Options [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Weighted-average assumptions used to fair value calculation for options granted
  
Three Months Ended
  
Three Months Ended
 
  
March  31,
2014
  
March 31,
2013
 
       
Expected dividend yield
  
0
%
  
0
%
Expected stock price volatility
  
112
%
  
108
%
Risk-free interest rate
  
3.63
%
  
2.60-2.68
%
Expected life of options
 
.14-9.78 years
  
.47-9.78 years
 
 
Summary of Company's aggregate stock options granted
  
Number of Shares Remaining Options
  
Weighted Average
Exercise Price
 
Weighted-Average Remaining
Contractual Term
 
Aggregate
Intrinsic Value
 
           
Outstanding at January 1, 2014
  
1,386,108
  
$
.61
     
Options granted during 2014
  
115,000
  
$
.23
     
Options cancelled or expired during 2014
  
(70,500)
   
.75
     
Outstanding at March 31,2014
  
1,430,608
  
$
.52
 
7.8 years
 
$
26,450
 
Exercisable at March 31,2014
  
772,308
  
$
.64
 
6.4 years
 
$
26,450