Share-based Compensation (Tables)

3 Months Ended

Mar. 31, 2013

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Stock Option Activity

The following table summarizes our stock option activity for the three months ended March 31, 2013:

				Weighted-
	Number			Average
	of Shares			Exercise
	Issuable			Price
Balance, January 1, 2013		5,710,125		$	1.10
Granted		-			-
Exercised		-			-
Cancelled		(762,076	)		*
Balance, March 31, 2013		4,948,049		$	1.27

* less than $0.01 

Options Outstanding

The following table summarizes options outstanding at March 31, 2013:

			Weighted-		Weighted-
	Number		Average		Average		Aggregate
	of Shares		Exercise		Remaining		Intrinsic
	Issuable		Price		Term (Years)		Value
Exercisable		3,438,049	$	1.09		3.0	$	53,000
Not vested		1,510,000	$	1.70		4.3	$	-
Balance, March 31, 2013:		4,948,049	$	1.27		3.4	$	53,000

Schedule of Stockholders' Equity Note, Warrants or Rights

The following table sets forth our warrant activity during the three months ended March 31, 2013:

			Weighted-
	Number		Average
	of Shares		Exercise
	Issuable		Price
Balance, January 1, 2013		27,353,151	$	0.76
Granted		4,375,004	$	0.60
Exercised		-	$	-
Cancelled		-	$	-
Balance, March 31, 2013		31,728,155	$	0.74

The following table sets forth the warrants outstanding at March 31 2013:

			Weighted-
	Number		Average
	of Shares		Exercise
	Issuable		Price
10% convertible debenture - bonus warrants		483,357	$	0.60
10% convertible preferred stock - warrants		3,761,365	$	1.00
8% convertible promissory notes - warrants		22,195,474	$	0.60
Consultants		5,287,959	$	1.16
Total		31,728,155	$	0.74