STOCK OPTIONS (Tables)

9 Months Ended

Sep. 30, 2013

Stock Options Tables

Assumption used for stock option granted

	2013			2012
Risk-free interest rate		0.13% - 1.89	%		0.94% - 2.05	%
Expected dividend yield		—			—
Expected term	1 - 6.5 years			6.5 years
Forfeiture rate (excluding fully vested stock options)		15	%		15	%
Expected volatility		129% - 141	%		129% - 137	%

Stock option activity

Stock Options	Shares			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term	Aggregate Intrinsic Value
Outstanding at January 1, 2013		343,334		$	14.75
Granted		78,250			4.43
Exercised		—			—
Forfeited or expired		(71,916	)		13.38
Outstanding at September 30, 2013		349,668		$	12.45	5.80 years	$	—
Exercisable at September 30, 2013		243,592		$	11.34	4.86 years	$	—