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Options and Warrants (Tables)
3 Months Ended
Mar. 31, 2015
Options and Warrants [Abstract]  
Schedule of company's stock option activity and related information
 
  March 31, 2015 
     Weighted 
  Number  average 
  of  exercise 
  Options  price 
Outstanding, beginning of period  4,404,643  $0.43 
Granted  -   - 
Exercised  -    
Forfeited/Expired  (449,999)  0.44 
Outstanding, end of period  3,954,644  $0.43 
Exercisable at the end of period  2,282,140  $0.38 
Weighted average fair value of        
  options granted during the period     $- 
Schedule of weighted average remaining contractual life of options outstanding issued under the plan
 
         Average 
   Stock  Stock  Remaining 
Exercisable  Options  Options  Contractual 
Prices  Outstanding  Exercisable  Life (years) 
     $            0.43 - 4.20    1,321,978   1,083,474   1.30 - 8.96 
$0.29   500,000   500,000   8.26 
  $            0.41 - 0.44    1,382,666   604,916   8.96 
$0.19   750,000   93,750   9.52 
     3,954,644   2,282,140     

 

The intrinsic value of the outstanding options, as of March 31, 2015 was $0, as they are underwater.

 

Schedule of company's warrant activity and related information
 
   March 31, 2015 
      Weighted 
      average 
      exercise 
   Options  price 
 Outstanding -January 1, 2015   30,946,563  $0.27 
 Granted   -   - 
 Exercised   (2,923,624)  0.25 
 Forfeited   (667)  8.40 
 Outstanding - March 31, 2015   28,022,272  $0.29 
Schedule of weighted average remaining contractual life of warrants outstanding
 
         Weighted
         Average
         Remaining
Exercisable  Warrants  Warrants  Contractual
Prices  Outstanding  Exercisable  Life (years)
  $              0.15 - 0.65    26,609,236   26,609,236  0.25 - 3.20
  $              0.26 - 5.70    866,362   866,362  0.35 - 3.47
  $              0.90 - 8.70    546,674   546,674  0.90 - 7.64
     28,022,272   28,022,272