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Stock Options and Award Programs (Tables)
9 Months Ended
Sep. 30, 2012
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]  
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]

A summary of the stock option and restricted stock award activity under our plans during the nine months ended September 30, 2012 is set forth below:

 

          Weighted  
          Average Grant  
    # of     Date Fair Value  
NON-VESTED OPTIONS   Shares     per Share  
Non-vested balances, January 1, 2012     840,000     $ 0.70  
Granted     400,000     $ 0.43  
Non-vested balances, September 30, 2012     1,240,000     $ 0.61  

 

          Weighted  
          Average  
    # of     Exercise Price  
OUTSTANDING AND EXERCISABLE   Shares     per Share  
Outstanding balances, January 1, 2012     3,362,000     $ 0.64  
Issued     400,000     $ 0.69  
Canceled     (25,000 )   $ 0.54  
Exercised     (425,000 )   $ 0.07  
Outstanding balances, September 30, 2012     3,312,000     $ 0.72  
                 
Outstanding and exercisable balances, September 30, 2012     2,072,000     $ 0.59  

 

Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block]

Share based compensation represents both stock options based expense and stock grant expense. The following table sets forth share-based compensation expense of for the periods then ended:

 

    THREE MONTHS ENDED     NINE MONTHS ENDED  
    SEPTEMBER 30,     SEPTEMBER 30,  
    2012     2011     2012     2011  
    (Unaudited)     (Unaudited)  
General and administrative expense   $ 55,593     $ 69,920     $ 165,873     $ 109,857  
Share-based compensation before taxes   $ 55,593     $ 69,920     $ 165,873     $ 109,857  
Tot net share-based compensation expense   $ 55,593     $ 69,920     $ 165,873     $ 109,857  
Net share-based compensation expenses per basic and                                
diluted common share     nil       nil       nil       nil