Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.2.0.727
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2015
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, 2015, and changes during the six-month period then ended, is presented below:
 
Six Months Ended June 30, 2015
 
Number of
Options
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Life
 
Aggregate
Intrinsic
Value
Outstanding at beginning of period
5,345,764

 
$
2.16

 
 
 
 
Granted
1,365,400

 
1.67

 
 
 
 
Exercised
(141,250
)
 
0.57

 
 
 
 
Canceled and Forfeited
(99,900
)
 
2.29

 
 
 
 
Expired
(5,750
)
 
1.26

 
 
 
 
Outstanding at end of period
6,464,264

 
$
2.09

 
7.6 years
 
$
774,822

 
 
 
 
 
 
 
 
Exercisable at end of period
3,169,487

 
$
2.42

 
6.2 years
 
$
409,459

Schedule of Nonvested Restricted Stock Activity
A summary of the status of our unvested restricted stock as of June 30, 2015, and changes during the six-month period then ended, is presented below:
 
Six Months Ended June 30, 2015
 
Number of
Shares
 
Weighted
Average
Grant-Date
Fair Value
Unvested at beginning of period
498,250

 
$
1.91

Granted
332,000

 
1.73

Vested
(240,750
)
 
1.85

Forfeited
(38,750
)
 
3.15

Unvested at end of period
550,750

 
$
1.74