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Common Stock Purchase Warrants (Tables)
3 Months Ended
Mar. 31, 2013
Common Stock Purchase Warrants [Abstract]  
Summary of warrant activity

The following table summarizes warrant activity for the three months ended March 31, 2013:

 

                         
    Number of
Warrants
    Weighted Average
Exercise Price
    Weighted
Average
Remaining
Contractual
Life

(in years)
 

Balance outstanding, January 1, 2013

    27,386,424     $ 0.95       2.1  

Warrants issued

    0       0.00       0  

Warrants exercised

    0       0.00       0  

Warrants expired

    (1,028,550 )     2.00       0  

Warrants cancelled

    0       0.00       0  
   

 

 

   

 

 

   

 

 

 

Balance outstanding, March 31, 2013

    26,357,874     $ 0.91       2.0  
   

 

 

   

 

 

   

 

 

 

Warrants exercisable at March 31, 2013

    26,357,874     $ 0.91       2.0  
   

 

 

   

 

 

   

 

 

 
Summary of warrants outstanding by Price Range

The following table summarizes warrant by exercise price range for the three months ended March 31, 2013:

 

                         
    Number of
Warrants
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Life

(in years)
 

Warrants by Price Range

                       

Warrants priced between $0.50 and $0.64

    17,150,014     $ 0.59       2.1  

Warrants priced between $0.90 and $3.78

    9,207,860     $ 1.29       1.8  
   

 

 

   

 

 

   

 

 

 

Balance outstanding, March 31, 2013

    26,357,874     $ 0.91       2.0