Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v2.4.0.8
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2013
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 December 31, 2013, and changes during the year then ended, is presented below:
 
 
Year Ended December 31, 2013
 
Number of
Options
 
Weighted 
Average 
Exercise 
Price
 
Weighted 
Average 
Remaining 
Contractual 
Life
 
Aggregate 
Intrinsic 
Value
Outstanding at beginning of year
3,412,777

 
$
2.01

 
 
 
 

Granted
1,705,725

 
3.04

 
 
 
 

Exercised
(60,000
)
 
0.84

 
 
 
 

Cancelled and forfeited
(111,900
)
 
2.98

 
 
 
 

Expired
(80,000
)
 
0.31

 
 
 
 

Outstanding at end of year
4,866,602

 
$
2.38

 
7.1 years
 
$
1,870,550

 
 
 
 
 
 
 
 
Exercisable at end of year
2,265,581

 
$
1.57

 
5.2 years
 
$
1,858,263

Schedule of Unvested Restricted Stock Activity
A summary of the status of our unvested restricted stock as of December 31, 2013, and changes during the year then ended, is presented below:
 
Year Ended
December 31, 2013
 
Number of
Shares
 
Weighted 
Average
Grant-Date
Fair Value
Unvested at beginning of year
1,335,000

 
$
2.28

Granted
73,500

 
2.67

Vested
(745,000
)
 
1.86

Forfeited
(29,250
)
 
4.23

Expired

 

Unvested at end of year
634,250

 
$
2.73