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Equity-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Weighted Average Assumtions
Accordingly, the fair values of the options granted, were estimated based on the following weighted average assumptions:
 
Three Months Ended March 31,
 
2013
 
2012
Risk-free interest rate
0.14% - 0.38%
 
Expected dividend yield
 
Expected lives
1 year - 2.5 years
 
Expected volatility
89.727%-118.222%
 
Weighted average grant date fair value for options and warrants issued
$0.09 per warrant for 1,500,000 warrant
 
Stock Option Activity
Stock option activity for employees:
 
Number of
Options
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
(Years)
 
Aggregate
Intrinsic
Value
Outstanding January 1, 2013
9,441,480

 
$
1.90

 
5.35

 
$

Granted

 

 

 

Forfeited

 

 

 

Outstanding March 31, 2013
9,441,480

 
$
1.90

 
5.10

 
$

Vested and expected to vest March 31, 2013
9,441,480

 
$
1.90

 
5.10

 
$

Exercisable March 31, 2013
9,231,522

 
$
1.93

 
5.01

 
$

 
No options to purchase shares were granted to employees during the three months ended March 31, 2013.
 
Unvested stock option activity for employees:
 
Number of
Options
 
Weighted
Average
Exercise 
Price
 
Average 
Remaining
Contractual 
Term 
(Years)
 
Aggregate 
Intrinsic
Value
Outstanding January 1, 2013
516,373

 
$
0.45

 
9.4

 
$

Granted

 

 

 

Vested
(306,415
)
 
0.45

 
9.3

 

Forfeited

 

 

 

Outstanding March 31, 2013
209,958

 
$
0.45

 
9.1

 
$


Stock option activity for non-employees:
 
Number of
Options
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term (Years)
 
Aggregate
Intrinsic
Value
Outstanding January 1, 2013
3,428,432

 
$
1.73

 
4.71

 
$

Granted

 

 

 

Exercised

 

 

 

Forfeited
(150,000
)
 
2.00

 

 

Outstanding March 31, 2013
3,278,432

 
$
1.72

 
4.66

 
$

Vested and expected to vest March 31, 2013
3,278,432

 
$
1.72

 
4.66

 
$

Exercisable March 31, 2013
3,185,717

 
$
2.01

 
4.64

 
$


No options to purchase shares were granted to non-employees during the three months ended March 31, 2013.
 
Unvested stock option activity for non-employees during the year:
 
Number of
Options
 
Weighted
Average
Exercise 
Price
 
Weighted 
Average
Remaining 
Contractual
Term 
(Years)
 
Aggregate 
Intrinsic
Value
Outstanding January 1, 2013
210,422

 
$
0.40

 
9.68

 
$

Options granted

 

 

 

Options vested
(117,707
)
 
0.47

 
8.87

 

Options forfeited

 

 

 

Outstanding March 31, 2013
92,715

 
$
0.31

 
8.77

 
$