Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2014

The following table summarizes the Company's stock option activity for the six months ended June 30, 2014:

	Number of Options			Weighted Average Exercise Price			Weighted Average Remaining Contractual Life (in Years)		Aggregate Intrinsic Value
Outstanding - December 31, 2013		-		$	-			-	$	0
Granted		187,000			3.45
Exercised		-			-
Forfeited or Canceled		(4,000	)		(3.45	)
Outstanding - June 30, 2014		183,000		$	3.45			9.8	$	113,460

Exercisable - June 30, 2014		-			-			-	$	-

A summary of the changes in the Company's unvested stock options is as follows:

	Number of Options			Weighted Average Grant Date Fair Value
Unvested - December 31, 2013		-		$	-
Granted		187,000			1.65
Vested		-			-
Forfeited or Canceled		(4,000	)		1.65
Unvested - June 30, 2014		183,000		$	1.65

These options had a fair value of $308,350 using the Black-Sholes option-pricing model with the following assumptions: