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Equity
3 Months Ended
Mar. 31, 2013
Equity [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]

Note 9 – Equity

 

Common Stock

 

DCT had no common stock activity during the three months ended March 31, 2013. DCT issued 100,000 shares of common stock upon the exercise of employee stock options during the three months ended March 31, 2012.

 

Common Stock Warrants

 

In certain instances, DCT issues warrants for consulting services. DCT amortizes the fair value of the warrants, as calculated on the issuance date using the Black-Scholes valuation model, over the service period. In connection with such common stock warrants issued and outstanding, DCT charged selling, general and administrative expense with the offset credit to additional paid in capital for $20,000 during the three months ended March 31, 2012.

 

DCT did not issue any common stock warrants during the three months ended March 31, 2013 or the three months ended March 31, 2012.

 

The following table summarizes certain aspects of DCT’s outstanding warrants as of March 31, 2013:

 

Warrants Issued in Connection with:   Number of
Shares
Outstanding
and Vested
    Exercise
Price ($)
    Issuance
Date
  Expiration
Date
Bank line of credit     68,027       0.59     9/2/09   8/31/16