Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v2.4.0.8
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock Options Activity
A summary of the status of our stock options as of June 30, 2014, and changes during the six-month period then ended, is presented below:
 
Six Months Ended June 30,
 
Number of
Options
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Life
 
Aggregate
Intrinsic
Value
Outstanding at beginning of period
4,866,602

 
$
2.38

 
 
 
 
Granted
1,468,230

 
1.77

 
 
 
 
Exercised
(323,000
)
 
0.50

 
 
 
 
Canceled and Forfeited
(33,650
)
 
2.52

 
 
 
 
Expired
(120,000
)
 
0.53

 
 
 
 
Outstanding at end of period
5,858,182

 
$
2.37

 
7.8 years
 
$
619,590

 
 
 
 
 
 
 
 
Exercisable at end of period
2,623,736

 
$
2.21

 
6.5 years
 
$
619,590

Schedule of Nonvested Restricted Stock Activity
A summary of the status of our unvested restricted stock as of June 30, 2014, and changes during the six-month period then ended, is presented below:
 
Six Months Ended June 30,
 
Number of
Shares
 
Weighted
Average
Grant-Date
Fair Value
Unvested at beginning of period
634,250

 
$
2.73

Granted
160,000

 
1.79

Vested
(149,000
)
 
3.16

Forfeited
(175,000
)
 
1.77

Expired

 

Unvested at end of period
470,250

 
$
2.63