Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2013

Stockholders' Equity (Deficit) [Abstract]

Schedule of Calculation of Numerator and Denominator in Earnings Per Share

A reconciliation of the numerator and the denominator used in the calculation of earnings (loss) per share is as follows:

	For the Years Ended December 31,
	2013		2012
Basic and Diluted:
Reported net loss (in thousands)	$	(923)	$	(1,514)
Less unpaid and undeclared preferred stock dividends		(266)		(266)
Net loss applicable to common stockholder	$	(1,189)	$	(1,780)
Weighted average common shares outstanding		197,214,005		74,224,186
Net loss per common share	$	(0.01)	$	(0.02)

Summary of Company's Preferred Stock

A summary of the Company’s preferred stock as of December 31 is as follows:

		Shares Issued &		Preferred Stock Dividends
	Shares	Outstanding		Undeclared and Unpaid
Offering	Authorized	2013	2012	2013	2012
Series A convertible	590,197	47,250	47,250	—	—
Series B convertible, 10% cumulative	1,500,000	93,750	93,750	37,500	37,500
Series C convertible, 10% cumulative	1,666,666	38,333	38,333	11,500	11,500
Series D convertible, 10% cumulative	300,000	175,000	175,000	175,000	175,000
Series E convertible, 10% cumulative	800,000	19,022	19,022	42,000	42,000
Undesignated Preferred Series	5,143,137	—	—	—	—
Total Preferred Stock	10,000,000	373,355	373,355	266,000	266,000

Summary of Preferred Stock Terms

Summary of Preferred Stock Terms

Series A Convertible Preferred Stock

Liquidation Value:	$4.50 per share, $212,625
Conversion Price:	$103.034 per share
Conversion Rate:	0.04367—Liquidation Value divided by Conversion Price ($4.50/$103.034)
Voting Rights:	None
Dividends:	None
Conversion Period:	Any time

Series B Convertible Preferred Stock

Liquidation Value:	$4.00 per share, $375,000
Conversion Price:	$10.00 per share
Conversion Rate:	0.40—Liquidation Value divided by Conversion Price ($4.00/$10.00)
Voting Rights:	None
Dividends:	10%—Quarterly—Commencing March 31, 2001
Conversion Period:	Any time

Cumulative dividends in arrears at December 31, 2013 were $482,000

Series C Convertible Preferred Stock

Liquidation Value:	$3.00 per share, $115,000
Conversion Price:	$6.00 per share
Conversion Rate:	0.50—Liquidation Value divided by Conversion Price ($3.00/$6.00)
Voting Rights:	None
Dividends:	10%—Quarterly—Commencing March 31, 2002
Conversion Period:	Any time

Cumulative dividends in arrears at December 31, 2013 were $140,000

Series D Convertible Preferred Stock

Liquidation Value:	$10.00 per share, $525,000
Conversion Price:	$10.00 per share
Conversion Rate:	1.00—Liquidation Value divided by Conversion Price ($10.00/$10.00)
Voting Rights:	None
Dividends:	10%—Quarterly—Commencing April 30, 2002
Conversion Period:	Any time

Cumulative dividends in arrears at December 31, 2013 were $629,400

Series E Convertible Preferred Stock

Liquidation Value:	$22.00 per share, $418,488
Conversion Price:	$8.00 per share
Conversion Rate:	2.75—Liquidation Value divided by Conversion Price ($22.00/$8.00)
Voting Rights:	Equal in all respects to holders of common shares
Dividends:	10%—Quarterly—Commencing May 31, 2002
Conversion Period:	Any time

Cumulative dividends in arrears at December 31, 2013 were $512,000

Warrants Outstanding

At December 31, 2013, the Company had the following outstanding warrants to purchase shares of Common Stock:

Total Warrant	Warrant Shares	Exercise Price		Weighted Average
Shares Outstanding	Exercisable	(not weighted)		Years until Expiration
39,000	39,000	$	0.01	1.50

Schedule of Stockholders' Equity Note, Warrants or Rights

Warrants and options issued outside of the Plan for employee compensation

					Weighted
		Weighted			Average
		Average		Aggregate	Remaining
	Options and	Exercise		Intrinsic	Contractual
	Warrants	Price		Value	Life (Years)
Outstanding at December 31, 2011	39,000	$	0.08	—
Granted	13,000	$	0..01	—
Exercised	—
Forfeited	(13,000)
Outstanding at December 31, 2012	39,000	$	0.01	—
Granted	11,000	$	0.01
Exercised	—
Forfeited	(11,000)
Outstanding at December 31, 2013	39,000	$	0.01	—	1.50