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STOCK BASED COMPENSATION (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2013
Dec. 31, 2012
STOCK BASED COMPENSATION [Abstract]    
Schedule of Non-Qualified Stock Options and Warrants Outstanding and Exercisable
The following tables summarize all stock option and warrant activity of the Company during the three months ended June 30, 2013:

   
Non-Qualified Stock Options and Warrants Outstanding and Exercisable
  
                   
   
Number of
    
Exercise
    
Weighted Average
  
   
Shares
    
Price
    
Exercise Price
  
                   
Outstanding, December 31, 2012
     8,773,500     $0.25 - $1.75     $ 1.13  
                       
Granted
     185,000     $1.00 - $1.16     $ 1.07  
Expired
                      
Forfeited
     (343,750 )   $0.73 - $1.25     $ 0.95  
Exercised
     (32,500 )   $0.345 - $1.25     $ 0.69  
                       
Outstanding, June 30, 2013
     8,582,250     $0.25 - $1.75     $ 1.14  
                       
Exercisable, June 30, 2013
     7,778,503     $0.25 - $1.75     $ 1.16  

The following tables summarize all stock option and warrant activity of the Company since December 31, 2004:


             

 

 

Non-Qualified Stock Options and Warrants Outstanding and Exercisable

 

 

 

 

 

 

 

 

 

Number of

 

Exercise

 

Weighted Average

 

 

Shares

 

Price

 

Exercise Price

 

 

 

 

 

 

 

Outstanding, December 31, 2004

 

- 

 

 $                 -   

 

$

- 

 

 

 

 

 

 

 

Granted

 

680,000 

 

 $0.25 - $2.10

 

$

0.99 

Exercised

 

(300,000)

 

 $            0.25

 

$

0.25 

 

 

 

 

 

 

 

Outstanding, December 31, 2005

 

380,000 

 

 $1.40 - $2.10

 

$

0.68 

 

 

 

 

 

 

 

Granted

 

1,425,000 

 

 $0.25 - $1.00

 

$

0.70 

Cancelled

 

(260,000)

 

 $1.40 - $2.10

 

$

(0.48)

Expired

 

(70,000)

 

 $1.40 - $2.00

 

$

(0.12)

 

 

 

 

 

 

 

Outstanding, December 31, 2006

 

1,475,000 

 

 $0.25 - $2.00

 

$

0.83 

 

 

 

 

 

 

 

Granted

 

5,768,971 

 

 $0.25 - $0.72

 

$

0.48 

Rescinded

 

(200,000)

 

 $            0.50

 

$

0.50 

Forfeited

 

(125,019)

 

 $            1.00

 

$

1.00 

Expired

 

(574,981)

 

 $            1.00

 

$

1.00 

 

 

 

 

 

 

 

Outstanding, December 31, 2007

 

6,343,971 

 

 $0.25 - $2.00

 

$

0.48 

 

 

 

 

 

 

 

Granted

 

3,495,001 

 

 $0.001 - $1.75

 

$

1.16 

Expired

 

(115,000)

 

 $0.50 - $2.00

 

$

0.07 

Forfeited

 

(750,000)

 

 $            0.72

 

$

0.72 

Exercised

 

(807,770)

 

$0.25 - $0.50

 

$

0.53 

 

 

 

 

 

 

 

Outstanding, December 31, 2008

 

8,166,202 

 

 $0.001 - $1.75

 

$

0.79 

 

 

 

 

 

 

 

Granted

 

939,000 

 

 $0.25 - $0.45

 

$

0.30 

Expired

 

(1,304,451)

 

 $0.25 - $1.00

 

$

0.59 

Forfeited

 

- 

 

 

 

 

Exercised

 

(1,488,384)

 

$0.001 - $1.00

 

$

0.20 

 

 

 

 

 

 

 

Outstanding, December 31, 2009

 

6,312,367 

 

 $0.25 - $1.75

 

$

0.71 

 

 

 

 

 

 

 

Granted

 

1,860,000 

 

 $0.25 - $1.51

 

$

1.20 

Expired

 

(16,667)

 

 $            1.00

 

$

1.00 

Forfeited

 

- 

 

                      -

 

- 

Exercised

 

(1,279,700)

 

 $0.25 - $1.00

 

$

0.42 

 

 

 

 

 

 

 

Outstanding, December 31, 2010

 

6,876,000 

 

 $0.25 - $1.75

 

$

1.01 

 

 

 

 

 

 

 

Granted

 

2,085,000 

 

 $0.63 - $1.30

 

$

1.09 

Expired

 

- 

 

                      -

 

- 

Forfeited

 

(162,500)

 

 $            1.51

 

$

1.51 

Exercised

 

- 

 

                      -

 

- 

 

 

 

 

 

 

 

Outstanding, December 31, 2011

 

8,798,500 

 

 $0.25 - $1.75

 

$

1.02 

 

 

 

 

 

 

 

Granted

 

1,210,000 

 

 $0.90 - $1.69

 

$

1.19 

Expired

 

(25,000)

 

 $              1.25

 

$

1.25 

Forfeited

 

 

 

                      -

 

- 

Exercised

 

(1,210,000)

 

 $0.25 - $1.25

 

$

0.37 

 

 

 

 

 

 

 

Outstanding, December 31, 2012

 

8,773,500 

 

 $0.25 - $1.75

 

$

1.13 

 

 

 

 

 

 

 

Exercisable, December 31, 2012

 

7,714,850 

 

 $0.25 - $1.75

 

$

1.15 


Schedule of Non-Qualified Stock Options and Warrants Outstanding, by Exercise Price Range
Non-Qualified Stock Options and Warrants Outstanding
   
Number Outstanding
  
Weighted Average
  
Weighted Average
Range of
  
Currently Exercisable
  
Remaining
  
Exercise Price of Options and
Exercise Prices
  
at June 30, 2013
  
Contractual Life
  
Warrants Currently Exercisable
             
$0.25 - $1.75
  
7,778,503
  
2.51 Years
  
$1.16
 



             

Non-Qualified Stock Options and Warrants Outstanding

 

 

Number Outstanding

 

Weighted Average

 

Weighted Average

Range of

 

Currently Exercisable

 

Remaining

 

Exercise Price of Options and

Exercise Prices

 

at December 31, 2012

 

Contractual Life

 

Warrants Currently Exercisable

 

 

 

 

 

 

 

$0.25 - $1.75

 

7,714,850

 

2.71

 

$

1.15