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STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2013
STOCKHOLDERS' EQUITY [Abstract]  
Summary of Stock Option Activity

The summary of the stock option activity for the years ended December 31, 2013 and 2012 is as follows:

 

                Weighted  
          Weighted     Average  
          Average     Remaining  
          Exercise     Contractual  
    Shares     per Share     Life (Years)  
Outstanding January 1, 2012     39,833,438     $ 0.39       7.2  
Granted     1,968,000     $ 0.15       6.9  
Cancelled     (4,640,000 )   $ 0.14       -  
Expired     (190,783 )   $ 34.72       -  
Exercised     (303,039 )   $ 0.04       -  
Outstanding, December 31, 2012     36,667,616     $ 0.23       6.1  
Granted     14,076,000     $ 0.11       5.5  
Cancelled     (2,235,000 )   $ 0.12       -  
Expired     (28,237 )   $ 7.71       -  
Exercised     (556,737 )   $ 0.04       -  
Outstanding, December 31, 2013     47,923,642     $ 0.20       5.1  

 

Summary of Status of Non-Vested Options

The summary of the status of the Company's non-vested options for the year ended December 31, 2013 is as follows:

 

          Weighted  
          Average  
          Grant
Date
 
    Shares     Fair
Value
 
Non-vested, December 31, 2012     7,394,000     $ 0.050  
Granted     14,076,000       0.035  
Cancelled     (2,035,000 )     0.056  
Vested     (6,017,000 )     0.048  
Non-vested, December 31, 2013     13,418,000     $ 0.034  

 

Warrants to Purchase Common Stock

As of December 31, 2013, the Company has the following warrants to purchase common stock outstanding:

 

Number of Shares     Warrant Exercise     Warrant
To be Purchased     Price per Share     Expiration Date
  397,825     $ 0.0362     September 30, 2014
  1,750,000     $ 0.10     August 16, 2015
  1,600,000     $ 0.125     August 16, 2015
  1,333,333     $ 0.15     August 16, 2015
  490,000     $ 0.10     October 22, 2015
  196,000     $ 0.125     October 22, 2015
  163,333     $ 0.15     October 22, 2015
  625,000     $ 0.10     November 2, 2015
  250,000     $ 0.125     November 2, 2015
  208,334     $ 0.15     November 2, 2015
  500,000     $ 0.10     November 19, 2015
  200,000     $ 0.125     November 19, 2015
  166,667     $ 0.15     November 19, 2015
  5,000,000     $ 0.10     February 15, 2016
  2,200,000     $ 0.125     February 15, 2016
  1,833,333     $ 0.15     February 15, 2016
  240,125     $ 1.25     October 24, 2016
  1,166,667     $ 0.175     February 15, 2017
  4,392,000     $ 0.150     June 21, 2018
  3,725,000     $ 0.126     September 30, 2018
  26,437,617