| |
|
Stock Options |
|
|
Warrants |
|
|
|
|
|
|
|
| |
|
Weighted |
|
|
Weighted |
|
|
|
|
|
|
|
| |
|
Average price |
|
|
Average price |
|
|
Total |
|
| |
|
Shares |
|
|
per share |
|
|
Shares |
|
|
per share |
|
|
Shares |
|
|
Exercisable |
|
| Balance outstanding, January 1, 2012 |
|
|
1,508,500 |
|
|
$ |
2.33 |
|
|
|
4,775,501 |
|
|
$ |
1.35 |
|
|
|
6,284,001 |
|
|
|
6,112,335 |
|
| Granted |
|
|
1,896,250 |
|
|
|
0.81 |
|
|
|
2,909,068 |
|
|
|
0.62 |
|
|
|
4,805,318 |
|
|
|
|
|
| Exercised |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
|
|
| Expired |
|
|
(130,000 |
) |
|
|
2.28 |
|
|
|
(116,490 |
) |
|
|
2.80 |
|
|
|
(246,490 |
) |
|
|
|
|
| Forfeited |
|
|
(1,669,000 |
) |
|
|
2.09 |
|
|
|
(880,980 |
) |
|
|
2.13 |
|
|
|
(2,549,980 |
) |
|
|
|
|
| Balance outstanding, December 31, 2012 |
|
|
1,605,750 |
|
|
$ |
0.80 |
|
|
|
6,687,099 |
|
|
$ |
0.81 |
|
|
|
8,292,849 |
|
|
|
7,989,331 |
|
| Granted |
|
|
363,500 |
|
|
|
0.41 |
|
|
|
8,346,228 |
|
|
|
0.37 |
|
|
|
8,709,728 |
|
|
|
|
|
| Exercised |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
|
|
| Expired |
|
|
(10,000 |
) |
|
|
1.00 |
|
|
|
(21,000 |
) |
|
|
2.38 |
|
|
|
(31,000 |
) |
|
|
|
|
| Forfeited |
|
|
(187,542 |
) |
|
|
.85 |
|
|
|
- |
|
|
|
- |
|
|
|
(187,542 |
) |
|
|
|
|
| Balance outstanding, December 31, 2013 |
|
|
1,771,708 |
|
|
$ |
0.71 |
|
|
|
15,012,327 |
|
|
$ |
0.57 |
|
|
|
16,784,035 |
|
|
|
16,611,528 |
|