9. Stock Options and Warrants (Tables)

12 Months Ended

Dec. 31, 2013

Stock Options And Warrants Tables

Fair values of option awards granted

	2013			2012
Risk free interest rate		0.70% - 2.65	%		0.62% - 2.31	%
Dividend yield		0	%		0	%
Expected term	5-10 years			5-10 years
Expected volatility		51.5 – 62.8	%		62.8 – 67.9	%

Options issued under foregoing option plans

	Options outstanding
	Number of shares		Weighted average exercise price per share
Balance at December 31, 2011		1,003,000	$	0.31
Options granted		109,500		0.14
Options exercised		5,000		0.07
Options expired or forfeited		75,000		0.30
Balance at December 31, 2012		1,032,500		0.29
Options granted		409,000		0.15
Options exercised, expired or forfeited		254,500		0.21
Balance at December 31, 2013		1,187,000	$	0.26

Summary information about options

Options outstanding								Options exercisable
Total shares		Weighted average exercise price		Weighted average remaining contractual life in years		Aggregate intrinsic value		Total shares		Weighted average exercise price		Weighted average remaining contractual life in years		Aggregate intrinsic value
	1,187,000	$	0.26		6.25	$	11,418		755,750	$	0.33		4.43	$	3,920

Nonvested stock awards

	Nonvested
	Number of shares		Weighted average grant date fair value
Balance at December 31, 2012		112,250	$	0.08
Granted		409,000		0.08
Vested		90,000		0.08
Balance at December 31, 2013		431,250		0.08