8. Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2014

Notes to Financial Statements

Schedule of Stock Options Activity

A summary of option activity under the Company’s 2005 Plan for the six months ended June 30, 2014 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, 2014		321,365		$	3.36		2.26	$	1,257,936
Granted		-		$	-		-	$	-
Exercised		(58,865	)	$	2.45		-	$	248,179
Forfeited		-		$	-		-	$	-
Outstanding at June 30, 2014		262,500		$	3.56		2.04	$	816,650
Vested and Exercisable at June 30, 2014		185,625		$	2.87		1.17	$	705,650