Stockholders' Equity (Deficit) (Details Narrative) (USD $)
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3 Months Ended | 9 Months Ended | |||||||
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Sep. 30, 2012
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Sep. 30, 2011
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Sep. 30, 2012
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Sep. 30, 2011
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Sep. 10, 2012
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May 25, 2012
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May 18, 2012
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Mar. 02, 2012
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Feb. 01, 2012
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Stockholders Equity Deficit Details Narrative | |||||||||
Common shares outstanding | 23,218,117 | 23,218,117 | |||||||
Stock-based compensation in operating expense | $ 104,561 | $ 100,551 | $ 314,990 | $ 303,913 | |||||
Weighted-average estimated fair value of employee stock options granted | $ 0.56 | ||||||||
Options granted | 682,500 | ||||||||
Company issued warrants | 25,000 | ||||||||
Warrants were vested | 583,118 | ||||||||
Current derivative liabilities | 91,720 | 91,720 | |||||||
Change in fair value of the derivative liabilities | 331,018 | ||||||||
Exercisable period for warrants | 4 years | ||||||||
Additional Warrants issued | 25,000 | ||||||||
Shares issued, amount | 3,368 | 148,629 | 86,812 | 150,000 | 75,000 | ||||
Share price | $ 0.40 | $ 0.70 | $ 0.65 | $ 1.22 | $ 1.16 | ||||
Shares issued, value | $ 6,644 | $ 104,040 | $ 56,428 | $ 183,000 | $ 87,000 | ||||
Stock option plan awards authorized | 3,124,000 |
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Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Fair values as of the balance sheet date of all liabilities resulting from contracts that meet the criteria of being accounted for as derivative instruments, net of the effects of master netting arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Net number of share options (or share units) granted during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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