The Company and Summary of Significant Accounting Policies (Details Narrative) (USD $)
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6 Months Ended | |
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Jun. 30, 2012
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Jun. 30, 2011
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Research and development expense | $ 0 | $ 49,000 |
Accumulated deficit | (86,805,000) | |
Cash and cash equivalent | 5,000 | |
Stock options granted | 26,384,193 | 1,527,778 |
Expected volatility | 116.00% | |
Expected dividend yield | $ 0 | |
Share based compensation expense | $ 421,000 | $ 60,000 |
Diluted shares excluded from calcuation of EPS | 595,753,204 | |
MinimumMember
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Risk free interest rate | 1.04% | |
Expected life | 5 years | |
Amortized over vesting period | 1 year | |
MaximumMember
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Risk free interest rate | 2.04% | |
Expected life | 10 years | |
Amortized over vesting period | 4 years |
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No authoritative reference available. No definition available.
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No authoritative reference available. No definition available.
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No authoritative reference available. No definition available.
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Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Period the instrument, asset or liability is expected to be outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Measure of dispersion, in percentage terms (for instance, the standard deviation or variance), for a given stock price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Risk-free interest rate assumption used in valuing an instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Weighted average expected dividend for an entity using a valuation technique with different dividend rates during the contractual term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Gross number of share options (or share units) granted during the period. No definition available.
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