STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2013

Stock-Based Compensation Tables

Stock option plans

	Options					Weighted-
				Weighted-		Average
				Average		Remaining
				Exercise		Contractual
				Price		Term (Years)
Balance at December 31, 2011		1,707,713		$	0.76		7.6
Granted		1,437,500		$	0.89		—
Expired/Cancelled		(89,068	)	$	0.92		—
Exercised		(24,924	)	$	0.29		—
Balance at December 31, 2012		3,031,221		$	0.82		7.9
Granted		817,500		$	1.39		—
Expired/Cancelled		(30,000	)	$	0.74		—
Exercised		(35,310	)	$	0.31		—
Balance at December 31, 2013		3,783,411		$	0.94		7.4

Stock options outstanding and exercisable

		Options Outstanding						Options Exercisable
Exercise Price				Weighted-
				Average		Weighted-				Weighted-
		Number		Remaining Life		Average		Number		Average
		Outstanding		(Years)		Exercise Price		Exercisable		Exercise Price
$	0.17–0.24		450,221		5.0	$	0.19		450,221	$	0.19
$	0.54-0.74		788,787		6.7	$	0.72		677,589	$	0.72
$	0.77-1.15		2,082,403		8.1	$	0.95		1,085,055	$	0.97
$	1.45-2.74		462,000		8.2	$	2.02		97,000	$	2.29
Total			3,783,411						2,309,865

Common stock reserved for future issuance

	Common Stock
Convertible preferred stock – Series B		46,029
Convertible notes payable		154,743
Stock options outstanding		3,783,411
Warrants outstanding		6,598,416
Restricted stock grants		—
Authorized for future grant under stock option plans		24,434
		10,607,033