Note 10 - Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2013

Note 10 - Stock-Based Compensation Tables

Summary of options issued, exercised and cancelled

A summary of options issued, exercised and cancelled for the years ended December 31, 2013 and 2012 are as follows (shares have been retroactively adjusted for the 1 for 3 reverse stock split in 2011):

	Shares		Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding at December 31, 2011		1,783,333	$	0.32		6.08		—
Granted		5,830,000	$	0.35		9.60		—
Cancelled		(228,715)		0.32		—		—
Outstanding at December 31, 2012		7,384,618	$	0.34		8.30		—
Granted		4,970,000	$	0.48		9.87		—
Exercised		(110,092)	$	0.35		—		—
Cancelled		(3,928,568)	$	0.35		—		—
Outstanding at December 31, 2013		8,315,958	$	0.42		9.09		—