XML 30 R46.htm IDEA: XBRL DOCUMENT v2.4.0.8
STOCK BASED COMPENSATION PLAN AND WARRANTS, WARRANTS (Details) (USD $)
3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended 6 Months Ended
Jun. 30, 2013
Mar. 31, 2013
Jun. 30, 2013
Jun. 30, 2012
Feb. 28, 2013
Mar. 31, 2011
Jun. 30, 2013
Investors [Member]
Mar. 31, 2013
Investors [Member]
Jun. 30, 2013
Legend Securities, Inc. [Member]
Jun. 30, 2013
Common Stock [Member]
Mar. 31, 2013
Warrant [Member]
Jun. 30, 2013
Warrant [Member]
Jun. 30, 2012
Warrant [Member]
Dec. 31, 2012
Warrant [Member]
Jun. 30, 2013
Warrant [Member]
Investors [Member]
Mar. 31, 2013
Warrant [Member]
Investors [Member]
Jun. 30, 2013
Warrant [Member]
Legend Securities, Inc. [Member]
Jun. 30, 2013
Warrant [Member]
Legend Securities, Inc. [Member]
Jun. 30, 2012
Warrant [Member]
Legend Securities, Inc. [Member]
Dec. 31, 2012
Warrant [Member]
Legend Securities, Inc. [Member]
Jun. 30, 2013
Warrant [Member]
Minimum [Member]
Jun. 30, 2013
Warrant [Member]
Maximum [Member]
Class of Warrant or Right [Line Items]                                            
Inception to date, weighted average issue price (in dollars per share)                                         $ 0.01 $ 1.50
Warrants [Roll Forward]                                            
Outstanding at beginning of period (in shares)                     23,376,250 23,376,250 23,736,108 23,736,108                
Granted (in shares)                       0 650,000 650,000           550,000    
Exercised (in shares)   (1,756,088)   0     (287,006) (82,753)       (2,125,847)   (490,424) (287,006) (82,753)            
Cashless Exercises (in shares)                       (617,844)   (335,541)                
Expired and Cancelled (in shares)                       (79,991)   (183,893)                
Outstanding, end of period (in shares)                       20,552,568   23,376,250                
Exercisable at end of period (in shares)                       20,552,568   23,376,250                
Warrants weighted average exercise price [Roll Forward]                                            
Outstanding at beginning of period (in dollar per share)   $ 1.50 $ 1.50   $ 1.25 $ 1.50         $ 1.46 $ 1.46 $ 1.55 $ 1.55                
Granted (in dollar per share)                       $ 0   $ 0.83                
Exercised (in dollar per share)                       $ 1.34   $ 0.62                
Cashless Exercises (in dollar per share)                       $ 0.90   $ 0.91                
Expired and cancelled (in dollar per share)                       $ 0.92   $ 14.73                
Outstanding, end of period (in dollar per share)         $ 1.25 $ 1.50           $ 1.49   $ 1.46     $ 0.71 $ 0.71        
Exercisable at end of period (in dollar per share)                       $ 1.49   $ 1.46                
Warrants Exercised   1,756,088   0     287,006 82,753       2,125,847   490,424 287,006 82,753            
Exercised cashless warrants (in shares)   1,756,088 617,844             318,490                        
Proceeds from exercise of warrants     $ 2,405,989 $ 0             $ 2,195,110       $ 180,369 $ 30,511            
Monthly payment for investment banking services                 10,000                          
Exercise price (in dollars per share)         $ 1.25 $ 1.50           $ 1.49   $ 1.46     $ 0.71 $ 0.71        
Periodic share vesting (in shares)                                   91,666        
Term of warrant                                 5 years          
Stock based compensation expense $ 676,932   $ 1,435,467 $ 459,972                           $ 61,133 $ 0