Annual report pursuant to section 13 and 15(d)

2. Summary Of Significant Accounting Policies (Tables)

v2.4.0.8
2. Summary Of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2013
Summary Of Significant Accounting Policies Tables  
Business acquisition cost for goodwill
Balance at January 1, 2013     Additions (a)     Other (b)     Balance at December 31, 2013     Balance at January 1, 2012     Additions (a)     Other (b)     Balance at December 31, 2012  
$ 2,406,269       2,520,605       197,256     $ 5,124,130     $ -       2,381,201       25,068     $ 2,406,269  
Estimated useful lives
Asset   Estimated Useful Lives
Network equipment   5 – 7 Years
Furniture and fixtures   3 – 7 Years
Computer equipment and software   3 – 5 Years
Customer premise equipment                                           2 – 3 Years
Following securities were excluded in the calculation of diluted loss per share
    2013     2012  
Warrants     200,791,160       89,974,479  
Stock options      17,570,760       8,864,261  
Convertible preferred stock     192,563,181       70,064,862  
      410,925,101       168,903,602  
Schedule of stock-based compensation
    2013 2012
Expenses associated with stock options granted to employees and directors   $ 189,484 89,929
Common stock issued in connection with an employment agreement          - 50,000
Common stock or warrants issued or issuable for services rendered        106,585 59,825
    $ 296,069 199,754
Stock option pricing model
    2013     2012  
Dividend yield     0.00 %     0.00 %
Stock volatility     137 %     138 %
Average Risk-free interest rate     0.68 %     1.74 %
Average option term (years)     3       3-4