Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v2.4.0.6
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2012
Stock-Based Compensation [Abstract]  
Summary of Stock Options Activity
    Year Ended December 31, 2012  
    Number of Options     Weighted Average Exercise Price     Weighted Average Remaining Contractual Life     Aggregate Intrinsic Value  
Outstanding at beginning of year     3,315,000     $ 1.02                  
Granted     1,351,027       3.16                  
Exercised     (1,232,001 )     0.62                  
Forfeited     (12,249 )     2.18                  
Expired     (9,000 )     1.73                  
Outstanding at end of year     3,412,777     $ 2.01       6.8 years     $ 3,530,862  
                                 
Exercisable at end of year     1,836,237     $ 1.10       4.9 years     $ 3,271,747  

 

Schedule of Unvested Restricted Stock Activity
    Year Ended
December 31, 2012
 
    Number of Shares     Weighted Average Grant-Date Fair Value  
Unvested at beginning of year     1,556,000     $ 2.48  
Granted     405,000       3.14  
Vested     (30,000 )     2.86  
Forfeited     --       --  
Expired     (596,000 )     3.36  
Unvested at end of year     1,335,000     $ 2.28