The following table summarizes information about the Company's warrants at December 31, 2013:
|
|
|
|
|
|
|
| Weighted |
|
|
|
| ||||
|
|
|
|
|
|
|
| Average |
|
|
|
| ||||
|
|
|
|
| Weighted |
|
| Remaining |
|
|
|
| ||||
|
|
|
|
| Average |
|
| Contractual |
|
|
|
| ||||
|
| Number |
|
| Exercise |
|
| Term |
|
| Intrinsic |
| ||||
|
| of Units |
|
| Price |
|
| (in years) |
|
| Value |
| ||||
|
|
|
|
|
|
|
|
|
|
|
|
| ||||
Outstanding at December 31, 2012 |
|
| 90,973 |
|
| $ | 4.90 |
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
Granted |
|
| 30,000 |
|
|
| 5.00 |
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
Outstanding at December 31, 2013 |
|
| 120,973 |
|
| $ | 4.92 |
|
|
| 3.5 |
|
|
| - |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exercisable at December 31, 2013 |
|
| 120,973 |
|
| $ | 4.92 |
|
|
| 3.5 |
|
|
| - |
|