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NOTE 8. STOCKHOLDERS' EQUITY (Tables)
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12 Months Ended |
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Dec. 31, 2014
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| Stockholders' Equity Note [Abstract] |
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| Schedule of Warrant Activity [Table Text Block] |
The following summarizes outstanding warrants and their respective exercise prices at December 31, 2014:
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Shares
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Remaining
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Underlying
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Exercise
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Dates of
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Contractual
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Description
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Warrants
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Price
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Expiration
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Term (in years)
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Warrants issued for loan extension
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Convertible Note Warrants
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| Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block] |
The weighted-average estimated fair value of the 69,445 warrants issued, on February 6, 2014 was $0.19 per share using the Black-Sholes pricing model with the following assumptions:
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| Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block] |
A summary of the warrant activity for the years ended December 31, 2014 and 2013 follows:
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Weighted-
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Weighted-
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Average
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Aggregate
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Shares
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Average
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Remaining
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Intrinsic
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Underlying
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Exercise
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Contractual
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Value
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Description
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Warrants
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Price
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Term (in years)
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(In-the-Money)
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Outstanding and exerciseable at December 31, 2012
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Warrants issued with long-tern Notes payable
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Warrants expired (Series B and C)
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Outstanding and exerciseable at December 31, 2013
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Warrants expired (Series D)
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Outstanding and exerciseable at December 31, 2014
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| Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] |
Details of stock option activity for the years ended December 31, 2014 and 2013 follows:
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Weighted-
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Average
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Aggregate
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Shares
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Weighted
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Remaining
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Intrinsic
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Underlying
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Average
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Contractual
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Value
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Description
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Options
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Exercise Price
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Term (Years)
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(In-the-Money)
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Outstanding at December 31, 2012
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Outstanding at December 31, 2013
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Outstanding at December 31, 2014
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| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block] |
The following summarizes outstanding stock options and their respective exercise prices at December 31, 2014:
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Shares
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Remaining
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Underlying
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Exercise
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Dates of
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Contractual
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Description
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Options
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Price
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Expiration
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Term (in years)
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