9. Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2013

Notes to Financial Statements

Schedule of Stock Options Activity

A summary of option activity under the Company’s 2005 Plan for the three months ended March 31, 2013 is as follows:

Stock Options	Number of Shares		Weighted Average Exercise Price per Share		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding at January 1, 2013		235,115	$	2.58		2.24	$	539,485
Granted		-	$	-		-	$	-
Exercised		-	$	-		-	$	-
Forfeited		-	$	-		-	$	-
Outstanding at March 31, 2013		235,115	$	2.58		2.00	$	734,631
Vested and Exercisable at March 31, 2013		212,615	$	2.48		1.91	$	683,931