|
| Number of Shares | Weighted Average Exercise Price | Weighted Average Remaining Term in Years | Aggregate Intrinsic Value |
| Outstanding at January 1, 2012 | 3,982,508 | $1.40 |
|
|
| Granted in 2012 | 72,098 | $1.39 |
|
|
| Exercised in 2012 | - | - |
|
|
| Cancelled in 2012 | (1,600,000) | $1.50 |
|
|
| Outstanding at December 31, 2012 | 2,454,606 | $1.34 | 1.85 | $228,983 |
| Granted in 2013 | 1,500,000 | $1.01 |
|
|
| Exercised in 2013 | (321,345) | $0.46 |
|
|
| Cancelled in 2013 | (649,696) | $1.87 |
|
|
| Outstanding at December 31, 2013 | 2,983,565 | $1.15 | 4.08 | $998,372 |
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|
|
|
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| Warrants exercisable at December 31, 2013 | 1,983,565 | $1.23 | 4.08 | $521,372 |