WARRANTS (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2013

Dec. 31, 2012

Warrants Tables

Warrants assumptions utilized by the Company

	2012			2011
Risk-free interest rate		0.70% - 2.23	%		3.36% - 3.75	%
Expected dividend yield		—			—
Expected term (contractual term)	0.06 - 5 years			2 years
Forfeiture rate		—			—
Expected volatility		123% - 144	%		142	%

Outstanding Warrants

	Number of Shares Exercisable		Exercise Price		Date of Expiration
Outstanding warrants accounted for as derivative warrant liability:
Granted to debt holder		400,000	$	20.00	8/31/2017
Granted to debt holder		100,000		21.30	9/20/2017
Granted to debt holder		50,000		22.70	10/17/2017
Granted to debt holder		150,000		21.10	11/6/2017
Total outstanding warrants accounted for as derivative warrant liability		700,000
Weighted average exercise price			$	20.61
Weighted average time to expiration in years					3.98 years
Outstanding warrants accounted for as equity:
Granted to investors in private placement of preferred stock		3,228	$	10.00	9/30/2013
Granted to investors in private placement of preferred stock		19,834		15.00	10/28/2013
Granted to investors in private placement of preferred stock		39,000		7.50	2/28/2014
Granted to vendor		6,000		6.00	3/15/2014
Granted to investors in private placement		40,000		15.90	6/30/2014
Granted to investors in private placement		76,800		20.00	11/13/2014
Granted to placement agent in private placement		25,695		15.00	11/13/2014
Granted to investors in private placement		6,300		20.00	12/3/2014
Granted to investors in private placement		34,146		22.50	2/9/2015
Granted to placement agents in private placement		2,853		22.50	2/9/2015
Granted to investor in private placement		638		22.50	3/18/2015
Granted to investors in private placement		95,960		30.00	12/7/2014
Total outstanding warrants accounted for as equity		350,454
Weighted average exercise price			$	20.17
Weighted average time to expiration in years					0.96 years
Totals for all warrants outstanding:
Total		1,050,454
Weighted average exercise price			$	20.46
Weighted average time to expiration in years					2.97 years

	Number of
	Shares		Exercise		Date of
	Exercisable		Price		Expiration
Outstanding warrants in derivative warrant liability:
Granted to financial investment advisor		750	$	12.60	2/11/2013
Granted to investors in private placement		15,499	$	5.00	2/11/2013
Granted to investors in private placement		19,767	$	14.40	3/24/2013
Granted to debtor as a Commitment warrant		400,000	$	20.00	8/31/2017
Granted to debtor as a Draw warrant		100,000	$	21.30	9/20/2017
Granted to debtor as a Draw warrant		50,000	$	22.70	10/17/2017
Granted to debtor as a Draw warrant		150,000	$	21.10	11/6/2017
Total outstanding warrants accounted for as derivative warrant liability		736,016
Weighted average exercise price			$	20.10
Weighted average time to expiration in years					4.50 years
Outstanding warrants in equity:
Granted to investors in private placement of preferred stock		3,225	$	10.00	9/30/2013
Granted to investors in private placement of preferred stock		19,833	$	15.00	10/28/2013
Granted to investors in private placement of preferred stock		39,000	$	7.50	2/28/2014
Granted to vendor		6,000	$	6.00	3/15/2014
Granted to investors in private placement		40,000	$	15.90	6/30/2014
Granted to investors in private placement		76,800	$	20.00	11/13/2014
Granted to placement agent in private placement		25,690	$	15.00	11/13/2014
Granted to investors in private placement		6,300	$	20.00	12/3/2014
Granted to investors in private placement		34,133	$	22.50	2/9/2015
Granted to placement agents in private placement		2,850	$	22.50	2/9/2015
Granted to investor in private placement		637	$	22.50	3/18/2015
Granted to financial investment advisor		10,000	$	15.00	2/10/2013
Granted to financial investment advisor		1,037	$	20.00	3/3/2013
Granted to investors in private placement		24,575	$	15.00	1/4/2013
Granted to investors in private placement		24,575	$	25.00	1/4/2013
Granted to placement agent in private placement		1,812	$	15.00	1/4/2013
Granted to placement agent in private placement		1,812	$	25.00	1/4/2013
Granted to investors in private placement		25,500	$	15.00	2/3/2013
Granted to investors in private placement		28,000	$	25.00	2/3/2013
Granted to placement agent in private placement		125	$	15.00	2/3/2013
Granted to placement agent in private placement		125	$	25.00	2/3/2013
Granted to investors in private placement		25,000	$	15.00	2/8/2013
Granted to investors in private placement		25,000	$	25.00	2/8/2013
Granted to investors in private placement		95,958	$	30.00	12/7/2014
Total outstanding warrants accounted for as equity		517,988
Weighted average exercise price			$	20.00
Weighted average time to expiration in years					1.18 years
Totals for all warrants outstanding:
Total		1,254,004
Weighted average exercise price			$	20.10
Weighted average time to expiration in years					3.13 years

Warrant Activity

Warrants	Shares			Weighted- Average Exercise Price
Outstanding at January 1, 2013		1,254,004		$	20.08
Granted		9,175			12.60
Exercised		—			—
Forfeited or expired		(212,725	)		17.69
Outstanding at September 30, 2013		1,050,454		$	20.46

Warrants:	Shares			Weighted- Average Exercise Price
Outstanding at January 1, 2012		752,753		$	19.20
Granted		702,034		$	14.40
Exercised		(16,546	)	$	12.80
Forfeited or expired		(184,237	)	$	19.00
Outstanding at December 31, 2012		1,254,004		$	20.10