Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v2.4.0.8
Stock-Based Compensation (Tables)
 9 Months Ended
Sep. 30, 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 September 30, 2013, and changes during the nine-month period then ended, is presented below:
 
Nine Months Ended September 30, 2013
 
Number of
Options
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Life
 
Aggregate
Intrinsic
Value
Outstanding at beginning of period
3,412,777

 
$
2.01

 
 
 
 
Granted
1,705,725

 
3.06

 
 
 
 
Exercised
(60,000
)
 
0.84

 
 
 
 
Canceled and Forfeited
(105,150
)
 
2.97

 
 
 
 
Expired
(30,000
)
 
0.19

 
 
 
 
Outstanding at end of period
4,923,352

 
$
2.36

 
7.3 years
 
$
2,976,564

 
 
 
 
 
 
 
 
Exercisable at end of period
2,128,540

 
$
1.49

 
5.1 years
 
$
2,796,288

Schedule of Nonvested Restricted Stock Activity
A summary of the status of our unvested restricted stock as of September 30, 2013, and changes during the nine-month period then ended, is presented below:
 
Nine Months Ended September 30, 2013
 
Number of
Shares
 
Weighted
Average
Grant-Date
Fair Value
Unvested at beginning of period
1,335,000

 
$
2.28

Granted
61,250

 
2.91

Vested
(745,000
)
 
1.86

Forfeited
(29,250
)
 
4.23

Expired
—

 
—

Unvested at end of period
622,000

 
$
2.75