XML 13 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2013
Stockholders' Equity Note [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The following weighted-average assumptions were utilized in the calculation of the stock options:
 
Expected life
 
6.25 years
 
Weighted average volatility
 
33
%
Weighted average forfeiture rate
 
13
%
Weighted average risk-free interest rate
 
1.29
%
Expected dividend rate
 
-
 
Schedule of Share-based Compensation, Activity [Table Text Block]
The Company has the following warrants outstanding at June 30, 2013:
 
 
 
 
Total Outstanding Warrants
 
Exercise Price
 
 
Warrants
 
Weighted Average 
Exercise Price
 
Life 
(in years)
 
$
1.80
 
 
 
80,000
 
$
1.80
 
 
7.64
 
$
2.20
 
 
 
136,368
 
$
2.20
 
 
2.86
 
$
5.00
 
 
 
345,000
 
$
5.00
 
 
3.82
 
 
 
 
 
 
561,368
 
$
3.86