Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

v2.4.1.9
Stock Based Compensation (Tables)
3 Months Ended
Mar. 31, 2015
Stock Options [Member] | Directors, officers and employees [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of summarizes of option activity

                               
              Outstanding Stock Options   
      Shares Available for Grant        Number of Shares        Weighted
Average
Exercise Price
per Share
       Weighted
Average Grant
Date Fair Value
 per Share 
       Weighted
Average
Remaining
Exercise Term
in Months 
 
Balance, December 31, 2013     4,485,000       7,994,748     $ 0.45     $ 0.23       36  
Additional stock reserved     5,000,000       -     $ -     $ -       -  
Granted     (8,675,926 )     8,675,926     $ 0.05     $ 0.08       58  
Exercised     -       -     $ -     $ -       -  
Forfeited     -       -     $ -     $ -       -  
Expired     -       -     $ -     $ -       -  
Balance, December 31, 2014     809,074       16,670,674     $ 0.23     $ 0.15       41  
Additional stock reserved     7,500,000       -     $ -     $ -       -  
Granted     (7,500,000 )     7,500,000     $ 0.15     $ 0.07       34  
Exercised     -       (18,750 )   $ 0.01     $ 0.09       60  
Forfeited     -       -     $ -     $ -       -  
Expired     -       -     $ -     $ -       -  
Balance, March 31, 2015     809,074       24,151,924     $ 0.34     $ 0.15       41  
 

 

Stock Options [Member] | Consultants [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of summarizes of option activity

              Outstanding Stock Options  
      Shares Available for Grant        Number of Shares        Weighted
Average
Exercise Price
per Share
       Weighted
Average Grant
Date Fair Value
 per Share 
       Weighted
Average
Remaining
Exercise Term
in Months 
 
Balance, December 31, 2013     971,000       1,415,000     $ 0.41     $ 0.20       34  
Additional stock reserved     2,000,000       -     $ -     $ -       -  
Granted     (2,967,727 )     2,967,727     $ 0.01     $ 0.10       54  
Exercised     -       -     $ -     $ -       -  
Forfeited     200,000       (200,000 )   $ -     $ -       -  
Expired     190,000       (190,000 )   $ 0.50     $ 0.17       -  
Balance, December 31, 2014     393,273       3,992,727     $ 0.13     $ 0.13       50  
Additional stock reserved     -       -     $ -     $ -       -  
Granted     -       -     $ -     $ -       -  
Exercised     -       (238,975 )   $ 0.01     $ 0.10       60  
Forfeited     -       -     $ -     $ -       -  
Expired     500,000       (500,000 )   $ -     $ -       -  
Balance, March 31, 2015     893,273       3,253,752     $ 0.60     $ 0.27       14  
Warrant [Member] | Placement agent and consultants [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of summarize of warrant activity

                               
       Outstanding Stock Options   
      Shares Available for Grant        Number of Shares        Weighted
Average
Exercise Price
per Share
       Weighted
Average Grant
Date Fair Value
 per Share 
       Weighted
Average
Remaining
Exercise Term
in Months 
 
Balance, December 31, 2013     4,339,590       3,130,894     $ 0.46     $ 0.21       24  
Additional stock reserved     -       -     $ -     $ -       -  
Granted     (1,598,607 )     1,598,607     $ 0.17     $ 0.06       34  
Exercised     -       -     $ -     $ -       -  
Forfeited     -       -     $ -     $ -       -  
Expired     -       (628,013 )   $ 0.39     $ 0.18       -  
Balance, December 31, 2014     2,740,983       4,101,488     $ 0.36     $ 0.15       14  
Additional stock reserved     -       -     $ -     $ -       -  
Granted     (113,367 )     113,367     $ 0.01     $ 0.10       30  
Exercised     -       -     $ -     $ -       -  
Forfeited     -       -     $ -     $ -       -  
Expired     -       -     $ -     $ -       -  
Balance, March 31, 2015     2,627,616       4,214,855     $ 1.78     $ 0.09       9  
Warrant [Member] | Directors and officers [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of summarize of warrant activity

       Outstanding Stock Options   
      Shares Available for Grant        Number of Shares        Weighted
Average
Exercise Price
per Share
       Weighted
Average Grant
Date Fair Value
 per Share 
       Weighted
Average
Remaining
Exercise Term
in Months 
 
Balance, December 31, 2013     3,489,250       3,389,250     $ 1.78     $ 0.09       22  
Additional stock reserved     -       -       -       -       -  
Granted     -       -       -       -       -  
Exercised     -       -       -       -       -  
Forfeited     -       -       -       -       -  
Expired     -       -       -       -       -  
Balance, December 31, 2014     3,489,250       3,389,250     $ 1.78     $ 0.09       9  
Additional stock reserved     -       -       -       -       -  
Granted     -       -       -       -       -  
Exercised     -       -       -       -       -  
Forfeited     -       -       -       -       -  
Expired     -       -       -       -       -  
Balance, March 31, 2015     3,489,250       3,389,250     $ -     $ -       -