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STOCKHOLDERS' EQUITY | 12 Months Ended
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Dec. 31, 2013
Stockholders Equity Note [Abstract] |
Stockholders Equity Note Disclosure [Text Block] | 9. STOCKHOLDERS’ EQUITY Series A Convertible Preferred Stock In January 1997, the Board of Directors authorized the creation of a class of Series A Convertible Preferred Stock with a par value of $.01. The Series A Convertible Preferred Stock is convertible into an equal number of common shares at the holder’s option, subject to adjustment for anti-dilution. The holders of Series A Convertible Preferred Stock are entitled to receive dividends as and if declared by the Board of Directors. In the event of liquidation or dissolution of the Company, the holders of Series A Convertible Preferred Stock are entitled to receive all accrued dividends, if applicable, plus the liquidation price of $1.00 per share. As of December 31, 2013 and 2012, there were no outstanding shares of Series A Convertible Preferred Stock. Stock Options and Share Based Compensation In order to retain and attract qualified personnel necessary for the success of the Company, the Company adopted several Stock Option Plans from 1998 through 2004 (and an amendment to the 2004 plan in 2006 pursuant to which the plan was renamed the “2006 Equity Incentive Plan” and amended to provide for the issuance of other types of equity incentives such as restricted stock grants) (collectively, the “Plans”) covering up to 6,250,000 of the Company’s common shares, pursuant to which officers, directors, key employees and consultants to the Company are eligible to receive incentive stock options and nonqualified stock options. The Compensation Committee of the Board of Directors administers these Plans and determines the terms and conditions of options granted, including the exercise price. These Plans generally provide that all stock options will expire within ten years of the date of grant. Incentive stock options granted under these Plans must be granted at an exercise price that is not less than the fair market value per share at the date of the grant and the exercise price must not be less than 110% of the fair market value per share at the date of the grant for grants to persons owning more than 10% of the voting stock of the Company. These Plans also entitle non-employee directors to receive grants of non-qualified stock options as approved by the Board of Directors. Stock option activity under the 1998, 1999, 2001, 2003 and 2006 Stock Option Plans during the periods indicated below is as follows:
|  |  |  |  |  |  | Weighted- |  |  |  |
|  | Number of |  | Weighted- |  | average |  |  |
|  | Shares |  | average |  | Remaining |  | Aggregate |
|  | Subject to |  | Exercise |  | Contractual |  | Intrinsic |
|  | Issuance |  | Price |  | Term |  | Value |
Outstanding at December 31, 2011 |  | 1,244,260 |  | $ | 1.93 |  | 2.29 years |  |  |  |
Granted |  | - |  |  | - |  |  |  |  |  |
Forfeited or expired |  | (235,862) |  |  | 3.10 |  |  |  |  |  |
Exercised |  | (261,763) |  |  | 0.50 |  |  |  | $ | 348,352 |
Outstanding at December 31, 2012 |  | 746,635 |  | $ | 2.06 |  | 1.66 years |  |  |  |
Granted |  | 135,000 |  |  | 0.39 |  |  |  |  |  |
Forfeited or expired |  | (400,949) |  |  | 1.89 |  |  |  |  |  |
Exercised |  | (153,200) |  |  | 0.46 |  |  |  |  |  |
Outstanding at December 31, 2013 |  | 327,486 |  | $ | 2.31 |  | 2.42 years |  | $ | 12,100 |
Exercisable at December 31, 2013 |  | 212,236 |  | $ | 3.33 |  | 1.52 years |  | $ | - |
There were 135,000 and no options granted in the years ended December 31, 2013 and 2012. The following is a summary of stock options as of December 31, 2013:
|  | Options Outstanding |  | Options Exercisable |
|  |  |  |  |  | Weighted |  |  |  |  | Weighted- |
|  |  |  | Weighted- |  | average |  |  |  |  | average |
|  | Number of |  | average |  | Exercise |  | Number of |  |  | Exercise |
Range of Exercise Prices |  | Options |  | Remaining Life |  | Price |  | Options |  |  | Price |
$0.39 to $1.00 |  | 110,000 |  | 1.42 |  | years |  | $ | 0.13 |  | - |  |  | $ | - |
$1.01 to $3.00 |  | 110,636 |  | 0.27 |  | years |  | $ | 0.50 |  | 105,386 |  |  | $ | 0.73 |
$3.01 to $5.00 |  | 25,000 |  | 0.32 |  | years |  | $ | 0.28 |  | 25,000 |  |  | $ | 0.43 |
$5.01 to $5.64 |  | 81,850 |  | 0.40 |  | years |  | $ | 1.41 |  | 81,850 |  |  | $ | 2.17 |
|  | 327,486 |  | 2.42 |  | years |  | $ | 2.31 |  | 212,236 |  |  | $ | 3.33 |
The weighted-average fair value of the options granted during the years ended December 31, 2013 and 2012 is $0.39 and $0 respectively. As of December 31, 2013, the Company had 2,548,087 options available for future grant under the existing Stock Option and Equity Incentive Plans. As of December 31, 2013, there was $41,700 of total unrecognized compensation cost, net of estimated forfeitures, related to all unvested stock options and restricted stock, which is expected to be recognized over a weighted average period of approximately 3.17 years. Share based compensation expense for the years ended December 31, 2013 and 2012 is as follows:
|  | Years Ended December 31, |
|  | 2013 |  | 2012 |
Compensation cost recognized: |  |  |  |  |  |  |
Stock options |  | $ | 19,053 |  | $ | 52,677 |
Restricted stock |  |  | 0 |  |  | 0 |
|  | $ | 19,053 |  | $ | 52,677 |
Share based compensation is included in operating expenses as follows:
|  | Years Ended December 31, |
|  | 2013 |  | 2012 |
Selling |  | $ | 499 |  | $ | 9,216 |
General and administrative |  |  | 6,467 |  |  | 16,788 |
Research and development |  |  | 12,087 |  |  | 26,673 |
|  | $ | 19,053 |  | $ | 52,677 |
The Company capitalized $0 in share-based compensation cost in both years 2013 and 2012. The Company has a net operating loss carry-forward as of December 31, 2013, and no excess tax benefits for the tax deductions related to share based awards were recognized in the statements of operations. Additionally, no incremental tax benefits were recognized from stock options exercised in 2013 that would have resulted in a reclassification to reduce net cash provided by operating activities with an offsetting increase in net cash provided by financing activities. All stock options have been issued with an exercise price that is equal or above the fair market value of the Company’s Common Stock on the date of grant. Warrants All previously granted warrants were issued with an exercise price that was equal to or above the fair market value of the Company’s common stock on the date of grant. As of December 31, 2013, the Company had no remaining warrants outstanding. No warrants were exercised in 2013 or 2012.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29-31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30, 31 -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 4.E) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB TOPIC 4.C) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Article 4 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section C Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section E Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(d),(e)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Preferred Stock -URI http://asc.fasb.org/extlink&oid=6521494 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644 Reference 16: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644 Reference 17: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644 Reference 18: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph d -Article 4 Reference 19: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 + Details
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