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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2014
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
A summary of all current and expired plans as of March 31, 2014 and changes during the period then ended are presented in the following table:
 
Options
 
 
 
Number of
Options
 
Weighted Average
Exercise Price
 
Weighted Average
Remaining Contractual
Life
(in years)
 
Aggregate
Intrinsic Value
(in thousands)
 
Outstanding as of December 31, 2013
 
 
3,291,738
 
$
2.11
 
 
6.13
 
$
738
 
Granted
 
 
225,000
 
 
1.21
 
 
 
 
 
Exercised
 
 
 
 
 
 
 
 
 
Forfeited or expired
 
 
(62,500)
 
 
2.25
 
 
 
 
 
Outstanding as of March 31, 2014
 
 
3,454,238
 
 
2.05
 
 
5.99
 
 
258
 
Exercisable as of March 31, 2014
 
 
3,024,237
 
$
2.12
 
 
5.53
 
$
258
 
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]
Restricted Stock
 
 
 
Number of shares
 
Weighted Average
Fair Value at
Grant Date
 
Weighted Average
Remaining
Contractual Life
(in years)
 
Unvested balance as of December 31, 2013
 
 
 
$
 
 
 
Granted
 
 
95,000
 
 
1.21
 
 
1.46
 
Vested (1)
 
 
(12,500)
 
 
1.21
 
 
0.75
 
Unvested balance as of March 31, 2014
 
 
82,500
 
$
1.21
 
 
1.46
 
___________________________________________________________________
 
(1)
Vested shares included 12,500 shares of restricted common stock issued in 2014 for which final vesting is subject to the approval of Company’s compensation committee.
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The following table summarizes the range of assumptions utilized in the Black-Scholes-Merton option-pricing model for the valuation of stock options granted during the three-month periods ended March 31, 2014 and 2013.
 
 
 
Three-Month Periods Ended March 31,
 
 
 
2014
 
 
2013
 
Range of values:
 
Low
 
 
High
 
 
Low
 
 
High
 
Expected volatility
 
 
73.03
%
 
 
74.03
%
 
 
75.02
%
 
 
76.49
%
Expected dividends
 
 
 
 
 
 
 
 
 
 
 
 
Expected term (in years)
 
 
3.73
 
 
 
9.11
 
 
 
3.73
 
 
 
9.47
%
Risk free rate
 
 
1.16
%
 
 
2.52
%
 
 
0.55
%
 
 
1.91
%