2.4.0.80013 - Disclosure - Stock Options and Warrantstruefalsefalse1false falsefalseFrom2013-01-01to2013-06-30http://www.sec.gov/CIK0001125699duration2013-01-01T00:00:002013-06-30T00:00:001true 1DLYT_NotesToFinancialStatementsAbstractDLYT_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Notes to Financial Statements2false 2DLYT_StockOptionsAndWarrantsTextBlockDLYT_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00Options   In June 2000 and November 2009, our Board of Directors adopted, and our shareholders approved, the 2000 Plan and 2009 Plan, respectively (together the Plans). The Plans provide for the granting of options to qualified employees of the Company, independent contractors, consultants, directors and other individuals. The Companys Board of Directors approved and made available 11,093,886 and 15,000,000 shares of common stock to be issued pursuant to the 2000 Plan and the 2009 Plan. The Plans permit grants of options to purchase common shares authorized and approved by the Companys Board of Directors.   The average fair value of options granted at market value during six months ended June 30, 2013 was $0.15 per option. There were no options awarded during the six months ended June 30, 2012. There were no options exercised during the six months ended June 30, 2013 and 2012.   The following summarizes the information relating to outstanding stock options activity with employees during 2013 and 2012:   <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid"> Common Shares</td> <td nowrap="nowrap" style="text-align: center"> </td> <td style="text-align: center"> </td> <td colspan="2" style="border-bottom: black 1.5pt solid"> Weighted Average Exercise Price</td> <td nowrap="nowrap" style="text-align: center"> </td> <td style="text-align: center"> </td> <td colspan="2" style="border-bottom: black 1.5pt solid"> Weighted Average Remaining Contractual Term (in years)</td> <td nowrap="nowrap" style="text-align: center"> </td> <td style="text-align: center"> </td> <td colspan="2" style="border-bottom: black 1.5pt solid"> Aggregate Intrinsic Value</td> <td nowrap="nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 50%">Outstanding at December 31, 2012</td> <td style="width: 1%"> </td> <td style="width: 3%"> </td> <td style="width: 8%; text-align: right">18,647,332</td> <td nowrap="nowrap" style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 2%">$</td> <td style="width: 9%; text-align: right">0.29</td> <td nowrap="nowrap" style="width: 1%"> </td> <td style="width: 1%; text-align: right"> </td> <td style="width: 1%"> </td> <td style="width: 9%; text-align: right">6.06</td> <td nowrap="nowrap" style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 9%; text-align: right">26,345</td> <td nowrap="nowrap" style="width: 1%"> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>Awarded</td> <td style="text-align: right"> </td> <td> </td> <td style="text-align: right">5,168,000</td> <td nowrap="nowrap"> </td> <td> </td> <td>$</td> <td style="text-align: right">0.17</td> <td nowrap="nowrap"> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td nowrap="nowrap"> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td nowrap="nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>Expired/Forfeited</td> <td> </td> <td> </td> <td style="text-align: right">(703,333</td> <td nowrap="nowrap">)</td> <td> </td> <td>$</td> <td style="text-align: right">0.11</td> <td nowrap="nowrap"> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td nowrap="nowrap"> </td> <td> </td> <td> </td> <td style="text-align: right"> </td> <td nowrap="nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td>Outstanding at June 30, 2013</td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right">23,111,999</td> <td nowrap="nowrap"> </td> <td> </td> <td style="border-bottom: black 1.5pt solid">$</td> <td style="border-bottom: black 1.5pt solid; text-align: right">0.26</td> <td nowrap="nowrap"> </td> <td style="text-align: right"> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right">6.68</td> <td nowrap="nowrap"> </td> <td> </td> <td style="border-bottom: black 1.5pt solid">$</td> <td style="border-bottom: black 1.5pt solid; text-align: right">477,116</td> <td nowrap="nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>Exercisable at June 30, 2013</td> <td> </td> <td style="border-bottom: black 2.25pt double"> </td> <td style="border-bottom: black 2.25pt double; text-align: right">21,801,997</td> <td nowrap="nowrap"> </td> <td> </td> <td style="border-bottom: black 2.25pt double">$</td> <td style="border-bottom: black 2.25pt double; text-align: right">0.27</td> <td nowrap="nowrap"> </td> <td style="text-align: right"> </td> <td style="border-bottom: black 2.25pt double"> </td> <td style="border-bottom: black 2.25pt double; text-align: right">6.40</td> <td nowrap="nowrap"> </td> <td> </td> <td style="border-bottom: black 2.25pt double">$</td> <td style="border-bottom: black 2.25pt double; text-align: right">376,145</td> <td nowrap="nowrap"> </td></tr> </table>   Stock compensation expense was approximately $727,700 and $752,500 for the three and six months ended June 30, 2013, respectively, and $41,600 and $83,200 for the three and six months ended June 30, 2012, respectively. The total fair value of shares vested during the six months ended June 30, 2013 and 2012 was approximately $640,200 and $194,300, respectively.   As of June 30, 2013, there was approximately $248,400 of unrecognized employee stock-based compensation expense related to non vested stock options, of which $63,100, $84,600, $74,700 and $26,000 is expected to be recognized for the remainder of the fiscal year ending December 31, 2013, and for the fiscal years ending 2014, 2015 and 2016, respectively.   The following table represents our non vested share-based payment activity with employees for the six months ended June 30, 2013:   <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; background-color: white"> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center">Number of Options</td> <td nowrap="nowrap"> </td> <td> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center">Weighted Average Grant Date Fair Value</td> <td nowrap="nowrap"> </td></tr> <tr style="vertical-align: bottom"> <td> </td> <td> </td> <td colspan="2"> </td> <td nowrap="nowrap"> </td> <td> </td> <td colspan="2"> </td> <td nowrap="nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 78%">Nonvested options - December 31, 2012 </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 8%; text-align: right">1,235,555</td> <td nowrap="nowrap" style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%">$</td> <td style="width: 8%; text-align: right">0.16</td> <td nowrap="nowrap" style="width: 1%"> </td></tr> <tr style="vertical-align: bottom"> <td>Granted</td> <td> </td> <td> </td> <td style="text-align: right">5,168,000</td> <td nowrap="nowrap"> </td> <td> </td> <td>$</td> <td style="text-align: right">0.15</td> <td nowrap="nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>Vested</td> <td> </td> <td> </td> <td style="text-align: right">(4,301,333</td> <td nowrap="nowrap">)</td> <td> </td> <td>$</td> <td style="text-align: right">0.15</td> <td nowrap="nowrap"> </td></tr> <tr style="vertical-align: bottom"> <td>Forfeited </td> <td> </td> <td style="border-bottom: black 1.5pt solid"> </td> <td style="border-bottom: black 1.5pt solid; text-align: right">(360,970</td> <td nowrap="nowrap">) </td> <td> </td> <td style="border-bottom: black 1.5pt solid">$</td> <td style="border-bottom: black 1.5pt solid; text-align: right"></td> <td nowrap="nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td>Nonvested options June 30, 2013</td> <td> </td> <td style="border-bottom: black 2.25pt double"> </td> <td style="border-bottom: black 2.25pt double; text-align: right">1,741,252</td> <td nowrap="nowrap"> </td> <td> </td> <td style="border-bottom: black 2.25pt double">$</td> <td style="border-bottom: black 2.25pt double; text-align: right">0.11</td> <td nowrap="nowrap"> </td></tr> </table>   Warrants   At June 30, 2013, the Company had outstanding warrants to purchase the Companys common stock which were issued in connection with multiple financing arrangements and consulting agreements. Information relating to these warrants is summarized as follows:   <table cellspacing="0" cellpadding="0" style="width: 100%"> <tr style="vertical-align: bottom; background-color: white"> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif">Warrants</td> <td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: black 1.5pt solid"> Remaining Number Outstanding</td> <td nowrap="nowrap" style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: black 1.5pt solid; font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: center">Weighted Average Remaining Life (Years)</td> <td nowrap="nowrap" style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: black 1.5pt solid"> Weighted Average Exercise Price</td> <td nowrap="nowrap" style="padding-bottom: 1.5pt"> </td> <td style="padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: black 1.5pt solid"> Expiration Year</td> <td nowrap="nowrap" style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td> </td> <td> </td> <td colspan="2"> </td> <td nowrap="nowrap"> </td> <td> </td> <td colspan="2"> </td> <td nowrap="nowrap"> </td> <td> </td> <td colspan="2"> </td> <td nowrap="nowrap"> </td> <td> </td> <td colspan="2"> </td> <td nowrap="nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEDFF"> <td style="width: 52%; font: 10pt/115% Calibri, Helvetica, Sans-Serif">Warrants-Financing</td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 9%; font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">7,000,000</td> <td nowrap="nowrap" style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 9%; font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">3.49</td> <td nowrap="nowrap" style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%; font: 10pt/115% Calibri, Helvetica, Sans-Serif">$</td> <td style="width: 9%; font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">0.34</td> <td nowrap="nowrap" style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 1%"> </td> <td style="width: 9%; font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">2016 2017</td> <td nowrap="nowrap" style="width: 1%"> </td></tr> <tr style="vertical-align: bottom"> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif">Warrants-Ehrenberg</td> <td> </td> <td> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">250,000</td> <td nowrap="nowrap"> </td> <td> </td> <td> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">.10</td> <td nowrap="nowrap"> </td> <td> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif">$</td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">0.30</td> <td nowrap="nowrap"> </td> <td> </td> <td> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">2013</td> <td nowrap="nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEDFF"> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif">Warrants-Consulting Agreement</td> <td> </td> <td> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">825,000</td> <td nowrap="nowrap"> </td> <td> </td> <td> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">1.27</td> <td nowrap="nowrap"> </td> <td> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif">$</td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">0.30</td> <td nowrap="nowrap"> </td> <td> </td> <td> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">2014 2015</td> <td nowrap="nowrap"> </td></tr> <tr style="vertical-align: bottom"> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif">Warrants-Note Conversions</td> <td> </td> <td> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">2,302,538</td> <td nowrap="nowrap"> </td> <td> </td> <td> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">.92</td> <td nowrap="nowrap"> </td> <td> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif">$</td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">0.39</td> <td nowrap="nowrap"> </td> <td> </td> <td> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">2014 2015</td> <td nowrap="nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEDFF"> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif">Warrants-Stock Purchases</td> <td> </td> <td> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">6,218,840</td> <td nowrap="nowrap"> </td> <td> </td> <td> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">3.73</td> <td nowrap="nowrap"> </td> <td> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif">$</td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">0.33</td> <td nowrap="nowrap"> </td> <td> </td> <td> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">2014 2017</td> <td nowrap="nowrap"> </td></tr> <tr style="vertical-align: bottom"> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif">Warrants-Services</td> <td> </td> <td> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">400,000</td> <td nowrap="nowrap"> </td> <td> </td> <td> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">1.56</td> <td nowrap="nowrap"> </td> <td> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif">$</td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">0.50</td> <td nowrap="nowrap"> </td> <td> </td> <td> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">2015</td> <td nowrap="nowrap"> </td></tr> <tr style="vertical-align: bottom; background-color: #CCEDFF"> <td> </td> <td> </td> <td> </td> <td style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: right">16,996,378</td> <td nowrap="nowrap"> </td> <td> </td> <td> </td> <td> </td> <td nowrap="nowrap"> </td> <td> </td> <td> </td> <td> </td> <td nowrap="nowrap"> </td> <td> </td> <td> </td> <td> </td> <td nowrap="nowrap"> </td></tr> </table>    falsefalsefalsenonnum:textBlockItemTypenaNote 6 - Stock Options and WarrantsNo definition available.false0Note 6 - Stock Options and WarrantsfalseStock Options and WarrantsUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://daisanalytic.com/role/StockOptionsAndWarrants12