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Stock Options and Award Programs (Tables)
12 Months Ended
Dec. 31, 2013
Stock Options and Award Programs [Abstract]  
Summary of Non-vested Options

 

          Weighted     Weighted  
          Average Grant     Average  
    # of     Date Fair Value     Remaining  
NON-VESTED OPTIONS   Shares     per Share     Option Life  
Non-vested balances, January 1, 2012     840,000     $ 0.70          
Granted     400,000     $ 0.43          
Vested     (340,000 )   $ 0.64          
Non-vested balances, December 31, 2012     900,000     $ 0.60       3.58  

 

          Weighted     Weighted  
          Average Grant     Average  
    # of     Date Fair Value     Remaining  
NON-VESTED OPTIONS   Shares     per Share     Option Life  
Non-vested balances, January 1, 2013     900,000     $ 0.60          
Granted     1,650,000     $ 0.18          
Cancelled     (650,000 )   $ 0.22          
Non-vested balances, December 31, 2013     1,900,000     $ 0.36       2.30  

 

Summary of Options Outstanding and Exercisable

 

          Weighted     Weighted  
          Average     Average  
    # of     Exercise Price     Remaining  
OUTSTANDING AND EXERCISABLE   Shares     per Share     Option Life  
Options outstanding, January 1, 2012     3,362,000     $ 0.64          
Issued     400,000     $ 0.69          
Canceled     (25,000 )   $ 0.54          
Exercised     (525,000 )   $ 0.08          
Options outstanding, December 31, 2012     3,212,000     $ 0.74       2.70  
                         
Options outstanding and exercisable,                        
December 31, 2012     2,312,000     $ 0.67       1.91  

 

          Weighted     Weighted  
          Average     Average  
    # of     Exercise Price     Remaining  
OUTSTANDING AND EXERCISABLE   Shares     per Share     Option Life  
Options outstanding, January 1, 2013     3,212,000     $ 0.74          
Issued     1,650,000     $ 0.52          
Canceled     (690,000 )   $ 0.59          
Expired     (680,000 )   $ 0.55          
Exercised     (155,500 )   $ 0.30          
Options outstanding, December 31, 2013     3,336,500     $ 0.72       3.85  
                         
Options outstanding and exercisable, December 31, 2013     1,436,500     $ 0.76       1.83  

 

Schedule of Fair Value Assumptions

 

    DECEMBER 31
    2013   2012
     
Expected dividend yield   0%   0%
Expected volatility   67% - 70%   74%
Risk-free interest rate    0.38-0.42%    0.38-0.40%
Expected life - Employees options   7 years   7 years
Expected life - Non-employees options   2-3 years   2-3 years
Expected life - Board of directors options   n/a   n/a

 

Schedule of Compensation Expense
    YEAR ENDED  
    DECEMBER 31,  
    2013     2012  
       
General and administrative expense   $ 227,035     $ 217,611  
Share-based compensation before taxes   $ 227,035     $ 217,611  
Tot net share-based compensation expense   $ 227,035     $ 217,611  
Net share-based compensation expenses per basic and diluted common share     nil       nil