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Stock Options (Tables)
12 Months Ended
Dec. 31, 2014
Stock Options Tables  
Stock options outstanding and exercisable
   

 

 

Number of Share

Options

   

 

Weighted Average

Exercise Price

   

Weighted Average

Remaining Contractual Life

   

 

 

Aggregate Intrinsic

Value (1)

 
Outstanding at December 31, 2012     810,000     $ 0.64       4.06     $  
Granted     4,400,000     $ 0.02       2.66     $  
Exercised         $           $  
Forfeited or Cancelled         $           $  
Outstanding at December 31, 2013     5,210,000     $ 0.12       2.72     $  
Granted     3,750,000     $ 0.02       2.39     $  
Exercised         $           $  
Forfeited or Cancelled     (319,000)     $ 0.42           $  
Outstanding at December 31, 2014     8,641,000     $ 0.06       2.03     $  
Exercisable at December 31, 2014     449,000     $ 0.85       2.85     $  
Vested and expected to vest(2)     8,641,000     $ 0.06       2.03     $  
Unvested share activity
 

Unvested

Number of

Options

Weighted-Average

Grant Date Fair

Value

Unvested balance at December 31, 2013     4,535,000     $ 0.02  
Granted     3,750,000     $ 0.01  
Vested     (93,000 )   $ 0.07  
Forfeited         $  
                 
Unvested balance at December 31, 2014     8,192,000     $ 0.01  
Stock option activity
   

Years Ended

December 31,

 
     
    2014     2013  
Total intrinsic value of stock options exercised   $    —     $    —  
Cash received from stock option exercises   $     $  
Gross income tax benefit from the exercise of stock options   $     $  
Fair Value of Stock options
             
  Years Ended December 31,  
  2014     2013  
Expected life (in years)     1.5       1.5  
Average risk-free interest rate     2.0 %     1.66 %
Expected volatility     364 %       118%  
Expected dividend yield     0 %     0 %
Forfeiture rate     3 %     3 %