Stock option activity |
|
|
Weighted Avg. Options
|
|
|
Weighted Avg. Exercise Price
|
|
Options, January 1, 2004 |
|
|
13,250,000 |
|
|
$ |
0.11 |
|
Options granted |
|
|
1,172,652 |
|
|
|
1.03 |
|
Options exercised |
|
|
|
|
|
|
|
|
Options cancelled |
|
|
|
|
|
|
|
|
Options, December 31, 2004 |
|
|
14,422,652 |
|
|
|
0.18 |
|
Options granted |
|
|
2,085,909 |
|
|
|
0.92 |
|
Options exercised |
|
|
|
|
|
|
|
|
Options cancelled |
|
|
(10,000,000 |
) |
|
|
0.10 |
|
Options, December 31, 2005 |
|
|
6,508,561 |
|
|
|
0.53 |
|
Options granted |
|
|
1,313,605 |
|
|
|
1.21 |
|
Options exercised |
|
|
(2,860,000 |
) |
|
|
0.10 |
|
Options forfeited |
|
|
(962,607 |
) |
|
|
0.84 |
|
Options cancelled |
|
|
|
|
|
|
|
|
Options, December 31, 2006 |
|
|
3,999,559 |
|
|
|
0.99 |
|
Options granted |
|
|
238,679 |
|
|
|
0.55 |
|
Options exercised |
|
|
|
|
|
|
|
|
Options forfeited |
|
|
(49,793 |
) |
|
|
1.96 |
|
Options cancelled |
|
|
|
|
|
|
|
|
Options, December 31, 2007 |
|
|
4,188,445 |
|
|
$ |
0.95 |
|
Options granted |
|
|
2,700,000 |
|
|
|
0.28 |
|
Options exercised |
|
|
|
|
|
|
|
|
Options forfeited |
|
|
(2,287,220 |
) |
|
|
1.00 |
|
Options cancelled |
|
|
|
|
|
|
|
|
Options, December 31, 2008 |
|
|
4,601,225 |
|
|
$ |
0.53 |
|
Options granted |
|
|
333,333 |
|
|
|
0.30 |
|
Options exercised |
|
|
(83,333 |
) |
|
|
0.27 |
|
Options forfeited |
|
|
|
|
|
|
|
|
Options cancelled |
|
|
|
|
|
|
|
|
Options, December 31, 2009 |
|
|
4,851,225 |
|
|
$ |
0.52 |
|
Options granted |
|
|
181,818 |
|
|
|
0.55 |
|
Options exercised |
|
|
(195,555 |
) |
|
|
0.27 |
|
Options forfeited |
|
|
|
|
|
|
|
|
Options cancelled |
|
|
|
|
|
|
|
|
Options, December 31, 2010 |
|
|
4,837,488 |
|
|
$ |
0.52 |
|
Options granted |
|
|
19,800,000 |
|
|
|
0.26 |
|
Options exercised |
|
|
(77,778 |
) |
|
|
0.27 |
|
Options forfeited |
|
|
(310,000 |
) |
|
|
0.76 |
|
Options cancelled |
|
|
(181,818 |
) |
|
|
0.55 |
|
Options, December 31, 2011 |
|
|
24,067,892 |
|
|
$ |
0.30 |
|
Options granted |
|
|
4,858,000 |
|
|
|
0.30 |
|
Options exercised |
|
|
(776,667 |
) |
|
|
0.47 |
|
Options forfeited |
|
|
(871,127 |
) |
|
|
0.98 |
|
Options, December 31, 2012 |
|
|
27,278,098 |
|
|
$ |
0.27 |
|
|
|
|
Outstanding Options |
|
|
Exercisable Options |
|
Option
Exercise Price
Per Share
|
|
|
Shares |
|
|
Life
(Years)
|
|
|
Weighted
Average Exercise
Price
|
|
|
Shares |
|
|
Weighted
Average Exercise
Price
|
|
$ 0.21 - $ 0.99 |
|
|
|
27,196,679 |
|
|
8.1 |
|
|
$ |
0.27 |
|
|
|
9,616,679 |
|
|
$ |
0.29 |
|
$ 1.00 - $ 1.99 |
|
|
|
81,419 |
|
|
2.8 |
|
|
$ |
1.36 |
|
|
|
81,419 |
|
|
$ |
1.36 |
|
|
|
|
|
|
27,278,098 |
|
|
|
|
|
$ |
0.27 |
|
|
|
9,698,098 |
|
|
$ |
0.30 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock purchase warrants |
|
|
Warrants |
|
|
Weighted Avg. Exercise Price
|
|
Warrants outstanding, January 1, 2004 |
|
|
14,252,414 |
|
|
|
0.48 |
|
Warrants granted |
|
|
2,372,500 |
|
|
|
1.27 |
|
Warrants exercised |
|
|
(960,500 |
) |
|
|
0.20 |
|
Warrants cancelled |
|
|
|
|
|
|
|
|
Warrants outstanding, December 31, 2004 |
|
|
15,664,414 |
|
|
|
0.62 |
|
Warrants granted |
|
|
5,198,574 |
|
|
|
1.16 |
|
Warrants exercised |
|
|
(50,500 |
) |
|
|
0.99 |
|
Warrants cancelled |
|
|
(20,000 |
) |
|
|
1.50 |
|
Warrants outstanding, December 31, 2005 |
|
|
20,792,488 |
|
|
|
0.75 |
|
Warrants granted |
|
|
3,624,894 |
|
|
|
1.28 |
|
Warrants exercised |
|
|
(2,328,452 |
) |
|
|
0.68 |
|
Warrants cancelled |
|
|
(1,191,619 |
) |
|
|
1.46 |
|
Warrants outstanding, December 31, 2006 |
|
|
20,897,311 |
|
|
$ |
0.81 |
|
Warrants granted |
|
|
3,602,701 |
|
|
|
0.64 |
|
Warrants exercised |
|
|
|
|
|
|
|
|
Warrants cancelled |
|
|
(6,580,984 |
) |
|
|
1.06 |
|
Warrants outstanding, December 31, 2007 |
|
|
17,919,028 |
|
|
$ |
0.67 |
|
Warrants granted |
|
|
3,931,708 |
|
|
|
0.42 |
|
Warrants exercised |
|
|
(1,064,650 |
) |
|
|
0.50 |
|
Warrants cancelled |
|
|
(10,386,083 |
) |
|
|
0.56 |
|
Warrants outstanding, December 31, 2008 |
|
|
10,400,003 |
|
|
$ |
0.70 |
|
Warrants granted |
|
|
5,247,276 |
|
|
|
0.36 |
|
Warrants exercised |
|
|
|
|
|
|
|
|
Warrants cancelled |
|
|
(2,300,515 |
) |
|
|
0.95 |
|
Warrants outstanding, December 31, 2009 |
|
|
13,346,764 |
|
|
$ |
0.52 |
|
Warrants granted |
|
|
14,058,032 |
|
|
|
0.32 |
|
Warrants exercised |
|
|
|
|
|
|
|
|
Warrants cancelled |
|
|
(4,425,728 |
) |
|
|
0.53 |
|
Warrants outstanding, December 31, 2010 |
|
|
22,979,068 |
|
|
$ |
0.52 |
|
Warrants granted |
|
|
29,781,916 |
|
|
|
0.30 |
|
Warrants exercised |
|
|
(224,000 |
) |
|
|
0.47 |
|
Warrants cancelled |
|
|
(3,430,704 |
) |
|
|
0.56 |
|
Warrants outstanding, December 31, 2011 |
|
|
49,106,280 |
|
|
$ |
0.32 |
|
Warrants granted |
|
|
9,273,316 |
|
|
|
0.31 |
|
Warrants exercised |
|
|
(12,039,846 |
) |
|
|
0.29 |
|
Warrants cancelled |
|
|
(4,134,243 |
) |
|
|
0.49 |
|
Warrants outstanding, December 31, 2012 |
|
|
42,205,507 |
|
|
$ |
0.31 |
|
|
|
|
Outstanding Warrants |
|
|
Exercisable Warrants |
|
Warrant
Exercise Price
Per Share
|
|
|
Shares |
|
|
Life
(Years)
|
|
|
Weighted
Average Exercise
Price
|
|
|
Shares |
|
|
Weighted
Average Exercise
Price
|
|
$ 0.30 - $ 0.99 |
|
|
|
41,705,507 |
|
|
1.4 |
|
|
$ |
0.30 |
|
|
|
40,338,840 |
|
|
$ |
0.30 |
|
$ 1.00 - $ 1.99 |
|
|
|
500,000 |
|
|
1.5 |
|
|
$ |
1.00 |
|
|
|
500,000 |
|
|
$ |
1.00 |
|
|
|
|
|
|
42,205,507 |
|
|
|
|
|
$ |
0.31 |
|
|
|
40,838,840 |
|
|
$ |
0.31 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|