Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v2.4.0.8
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 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 March 31, 2014, and changes during the period then ended, is presented below:
 
Three Months Ended March 31,
 
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
(265,000
)
 
0.47

 
 
 
 
Canceled and Forfeited
(4,250
)
 
3.02

 
 
 
 
Expired
(120,000
)
 
0.53

 
 
 
 
Outstanding at end of period
5,945,582

 
$
2.35

 
8.0 years
 
$
1,109,448

 
 
 
 
 
 
 
 
Exercisable at end of period
2,494,019

 
$
2.12

 
6.6 years
 
$
991,990

Schedule of Nonvested Restricted Stock Activity
A summary of the status of our unvested restricted stock as of March 31, 2014, and changes during the period then ended, is presented below:
 
Three Months Ended March 31,
 
Number of
Shares
 
Weighted
Average
Grant-Date
Fair Value
Unvested at beginning of period
634,250

 
$
2.73

Granted
120,000

 
1.84

Vested
(149,000
)
 
3.16

Forfeited

 

Expired

 

Unvested at end of period
605,250

 
$
2.45