Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2013

Stock-Based Compensation Tables

Fair value of grants stock options

Expected term	5.75 years
Expected stock price volatility		62.55	%
Dividends	None
Risk free interest rate		1.30	%

Stock-based compensation expense

Sales and marketing expenses	$	272,495
General and administrative expenses		26,820
Research and development expenses		107,282
	$	406,597

Stock option activity

	Shares Under Option			Weighted Average Exercise Price
Outstanding at beginning of period		-
Granted		1,895,000		$	4.02
Forfeited		(5,000	)	$	4.02
Exercised		-
Outstanding at end of period		1,890,000		$	4.02
Remaining contractual life	9.87 years
Options exercisable at end of period		-