Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- 2. Summary of significant accounting policies (Policies)
Notes Tables
Notes Details

7. Stock options and warrants (Details Narrative)

v2.4.1.9

7. Stock options and warrants (Details Narrative) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Share based compensation	$ 228,352us-gaap_ShareBasedCompensation	$ 155,378us-gaap_ShareBasedCompensation
Options
Options outstanding	21,761,512		21,052,030
Weighted average contractual life options outstanding	6 years
Fair value of options at grant date	296,267
Aggregate intrinsic value of options outstanding	3,517,500
Share based compensation	207,425	107,907
Future unamortized compensation expense on unvested outstanding options	531,000
Warrants
Options outstanding	5,392,087
Weighted average contractual life options outstanding	2 years 9 months 18 days
Share based compensation	20,927	17,271
Aggregate intrinsic value of warrants outstanding	577,242
Future unamortized compensation expense on unvested warrants	25,138
Warrants exercised	200,000
Proceeds from warrants exercised	$ 50,000
Warrants expired	100,000
2004 Stock Option Plan
Options outstanding	5,001,482		4,292,030
Option shares available for grant	730,185		1,439,637
Options granted	738,522
Options forfeited	29,070
Outside the Plan
Options outstanding	16,760,000		16,760,000
Options granted	0

- Definition

Unrecognized cost of unvested share-based awards, other than options, awarded to employees as compensation.

+ References

No definition available.

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- Definition

Unrecognized cost of unvested options awarded to employees as compensation.

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- Definition

The cash inflow associated with the amount received from holders exercising their stock warrants.

+ References

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- Definition

The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

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- Definition

Intrinsic value of equity-based compensation awards outstanding. Excludes stock and unit options.

+ References

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- Definition

Number of non-option equity instruments exercised by participants.

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-Publisher FASB

-Name Accounting Standards Codification

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-SubTopic 10

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- Definition

Number of shares under non-option equity instrument agreements for which rights to exercise lapsed.

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- Definition

The difference between the maximum number of shares (or other type of equity) authorized for issuance under the plan (including the effects of amendments and adjustments), and the sum of: 1) the number of shares (or other type of equity) already issued upon exercise of options or other equity-based awards under the plan; and 2) shares (or other type of equity) reserved for issuance on granting of outstanding awards, net of cancellations and forfeitures, if applicable.

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- Definition

The number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan.

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-Publisher FASB

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- Definition

Net number of share options (or share units) granted during the period.

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- Definition

Amount by which the current fair value of the underlying stock exceeds the exercise price of options outstanding.

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- Definition

Number of options outstanding, including both vested and non-vested options.

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- Definition

Weighted average remaining contractual term for option awards outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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- Definition

Fair value of options vested. Excludes equity instruments other than options, for example, but not limited to, share units, stock appreciation rights, restricted stock.

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