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6. STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Weighted-Average Assumptions of Stock Based Compensation

The following weighted-average assumptions were used for grants issued during the three and six months ended June 30, 2013 and 2012 under the ASC No. 718 requirements.

		Three months ended June 30,				Six months ended June 30,
		2013		2012		2013		2012
Weighted-average risk-free rate		0.55%		0.55%		0.56%		0.67%
Weighted-average volatility		79.47%		96.21%		79.80%		96.10%
Dividend yield		0.00%		0.00%		0.00%		0.00%
Expected life		4.92 years		5.38 years		4.82 years		6.11 years

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- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (f)(2)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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