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Stock Options (Tables)
12 Months Ended
Dec. 31, 2012
Stock Options [Abstract]  
Activity Related to Stock Options
A summary of activity related to stock options under the 2001 and 2009 Stock Option Plans is represented below:
 
 
 
Number of
Shares
 
 
Exercise Price
Range
 
 
Weighted Average
Exercise Price
 
 
Weighted Average
Remaining Contractual
Term (Years)
 
 
Aggregate
Intrinsic
Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding, December 31, 2009
 
 
442,500
 
 
$
0.12 to $3.50
 
 
$
0.97
 
 
 
 
 
 
 
Granted
 
 
4,350,000
 
 
$
0.14 to $0.19
 
 
$
0.15
 
 
 
 
 
 
 
Expired
 
 
--
 
 
 
--
 
 
 
--
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding, December 31, 2010
 
 
4,792,500
 
 
$
0.12 to $3.50
 
 
$
0.23
 
 
 
 
 
 
 
Granted
 
 
--
 
 
 
--
 
 
 
--
 
 
 
 
 
 
 
Expired
 
 
( 50,000
)
 
$
2.50
 
 
$
2.50
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding, December 31, 2011
   
4,742,500
 
 
$
0.12 to $3.50
 
 
$
0.20
           
Granted
   
--
 
 
 
--
 
 
 
--
           
Expired/forfeited
   
(1,060,000
)
 
$
0.14 to $3.50
 
 
$
3.19
           
                                   
Outstanding, December 31, 2012
 
 
3,682,500
 
 
$
0.12 to $3.50
 
 
$
0.17
 
 
 
6.55
 
 
$
--
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable, December 31, 2012
 
 
3,432,500
 
 
$
0.12 to $3.50
 
 
$
0.17
 
 
 
6.48
 
 
$
--
 
Range of Exercise Prices for Options Outstanding
The range of exercise prices for options outstanding under the 2001 and 2009 Stock Option Plans at December 31, 2012 are as follows:

 
 
 
 
 
Number of
 
 
 
 
shares
 
 
Exercise Price
 
 
 
 
 
 
7,500 
 
$
3.50
 
100,000 
 
$
0.55
 
1,000,000 
 
$
0.19
 
2,425,000 
 
$
0.14
 
150,000 
 
$
0.12
 
Status of Nonvested Options
A summary of the status of the Company's non vested options as of December 31, 2012 and changes during the year ended December 31, 2012 are presented below:

 
 
Number of
 
 
 
 
 
 
Shares
 
 
Weighted Average
 
 
 
Underlying
 
 
Grant Date Fair
 
Non vested options
 
Options
 
 
Value
 
 
 
 
 
 
 
 
Non vested at December 31, 2011
 
 
1,500,000
 
 
$
0.16
 
Granted
 
 
 
 
 
 
--
 
Forfeited
   
(1,000,000
)
 
$
0.14
 
Vested
 
 
(250,000
)
 
$
0.19
 
Non vested at December 31, 2012
 
 
250,000
 
 
$
0.19