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Stockholders' Deficit (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2014
Dec. 31, 2013
Stockholders Deficit Tables    
Schedule of Warrants Issued  
Year Warrants Issued   No. of Warrants Issued     Warrant Exercise Price     Warrant Expiration Date  
                   
2009     4,325,000     $ 0.25       2014  
2011     2,570,750     $ 0.25       2016  
2011     250,000     $ 0.25       2013  
2012     9,825,000     $ 0.10       2017  
2013     4,875,000     $ 0.10       2018  
Schedule of Information related to Warrants  

Further information relating to warrants is as follows:

 

          Weighted-     Weighted-  
    Number     Average     Average  
    of     Exercise     Exercise  
    Shares     Price     Life  
Outstanding at December 31, 2011     7,145,750     $ 0.25       3.04  
Granted     9,825,000     $ 0.10       4.66  
Outstanding at December 31, 2012     16,970,750     $ 0.16       3.55  
Granted     4,875,000     $ 0.10       4.26  
Expired     (250,000 )   $ 0.25       -  
Outstanding at December 31, 2013     21,595,750     $ 0.15       3.35  
Schedule of Stock Option Recorded

Non-cash stock-based compensation expense recorded in the three and six months ended June 30, 2014 and June 30, 2013 is as follows:

 

   

Three Months Ended

June 30, 2014

   

Three Months Ended

June 30, 2013

   

Six Months

Ended

June 30, 2014

   

Six Months

Ended

June 30, 2013

 
                         
Awards to employees   $ 1,795,206     $ -     $ 2,284,478     $ -  
Awards to non-employees     -       -       83,314       16,875  
Total non-cash stock-based compensation expense   $ 1,795,206     $ -     $ 2,367,792     $ 16,875  
 
Schedule of Stock Option Issued to Employees and Directors

The following tables summarize information about stock options issued to employees and Directors during the six months ended June 30, 2014:

 

    Shares     Weighted-average exercise price     Weighted-average exercise life     Intrinsic value  
                         
Outstanding at December 31, 2013     9,489,120     $ 0.41       1.06     $ -  
                                 
Granted     30,026,000     $ 0.10       4.74          
Cancelled     (7,070,400 )   $ 0.39       -          
Expired     (20,000 )   $ 0.25       -          
Outstanding at June 30, 2014     32,424,720     $ 0.13       4.44     $ 1,397,736  
                                 
Options exercisable at June 30, 2014     29,195,386     $ 0.13       4.40          
Options exercisable at December 31, 2013     9,489,120     $ 0.41       1.06          
 
Schedule of primary assumptions used to value employee and Director non-cash stock-based compensation

The following table provides the primary assumptions used to value employee and Director non-cash stock-based compensation for the six months ended June 30, 2014:

 

   

For the Six Months Ended

June 30, 2014

 
       
Weighted-average fair value of options granted   $ 0.09  
Weighted-average assumptions:        
Risk-free interest rate     0.65 %
Dividend yield     -  
Expected volatility     1.09  
Expected option life (years)     2.58  
 
Schedule of Stock Option Issued to non employees

The following table summarizes information about stock options issued to non-employees during the six months ended June 30, 2014:

 

    Shares     Weighted-average exercise price     Weighted-average exercise life     Intrinsic value  
                         
Outstanding at December 31, 2013     4,137,599     $ 0.46       0.73     $ -  
                                 
Granted     1,555,000     $ 0.08       3.49          
Cancelled     (1,352,000 )   $ 0.48       -          
Expired     (2,015,600 )   $ 0.47       -          
Outstanding at June 30, 2014     2,324,999     $ 0.19       2.53     $ 104,305  
                                 
Options exercisable at June 30, 2014     2,324,999     $ 0.19       2.53          
Options exercisable at December 31, 2013     4,132,399     $ 0.46       0.73