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Stock Options and Award Programs (Tables)
9 Months Ended
Sep. 30, 2015
Stock Options and Award Programs [Abstract]  
Schedule of Nonvested Share Activity [Table Text Block]
A summary of stock option and RSA activity as of September 30, 2015, and changes during nine month period ended September 30, 2015 is set forth below:
 
 
 
Restricted Stock
 
Stock Options
 
 
 
 
 
Grant
 
 
 
Weighted
 
 
 
 
 
Date
 
 
 
Average
 
NON-VESTED AWARDS
 
Shares
 
Fair Value
 
Shares
 
Exercise Price
 
 
 
(Unaudited)
 
Non-vested balances, January 1, 2015
 
 
500,000
 
$
1.22
 
 
1,340,838
 
$
0.57
 
Granted
 
 
-
 
 
 
 
180,000
 
$
0.70
 
Cancelled
 
 
-
 
 
 
 
(250,000)
 
$
0.39
 
Vested
 
 
-
 
 
 
 
(416,666)
 
$
0.27
 
Non-vested balances, September 30, 2015
 
 
500,000
 
$
1.22
 
 
854,172
 
$
0.80
 
 
A summary of stock option and RSA activity as of September 30, 2014, and changes during nine month period ended September 30, 2014 is set forth below:
  
 
 
Restricted Stock
 
Stock Options
 
 
 
 
 
Grant
 
 
 
Weighted
 
 
 
 
 
Date
 
 
 
Average
 
NON-VESTED AWARDS
 
Shares
 
Fair Value
 
Shares
 
Exercise Price
 
 
 
(Unaudited)
 
Non-vested balances, January 1, 2014
 
 
500,000
 
$
1.22
 
 
1,900,000
 
$
0.36
 
Granted
 
 
-
 
 
 
 
360,000
 
$
1.03
 
Vested
 
 
-
 
 
 
 
(900,412)
 
$
0.32
 
Non-vested balances, September 30, 2014
 
 
500,000
 
$
1.22
 
 
1,359,588
 
$
0.57
 
Schedule Of Share-Based Compensation, Stock Options, Activity [Table Text Block]
 
 
Restricted Stock
 
Stock Options
 
 
 
 
 
Grant
 
 
 
Weighted
 
 
 
 
 
Date
 
 
 
Average
 
OUTSTANDING AND EXERCISABLE AWARDS
 
Shares
 
Fair Value
 
Shares
 
Exercise Price
 
 
 
(Unaudited)
 
Awards outstanding, January 1, 2015
 
 
-
 
 
 
 
2,791,601
 
$
0.83
 
Granted
 
 
-
 
 
 
 
180,000
 
$
1.45
 
Canceled
 
 
-
 
 
 
 
(250,000)
 
$
0.74
 
Exercised
 
 
-
 
 
 
 
(863,933)
 
$
0.81
 
Awards outstanding, September 30, 2015
 
 
-
 
 
 
 
1,857,668
 
$
0.91
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Awards vested and expected to vest, September 30, 2015
 
 
-
 
 
 
 
1,857,668
 
$
0.91
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Awards outstanding and exercisable, September 30, 2015
 
 
-
 
 
 
 
1,003,496
 
$
0.67
 
 
 
 
Restricted Stock
 
Stock Options
 
 
 
 
 
Grant
 
 
 
Weighted
 
 
 
 
 
Date
 
 
 
Average
 
OUTSTANDING AND EXERCISABLE AWARDS
 
Shares
 
Fair Value
 
Shares
 
Exercise Price
 
 
 
(Unaudited)
 
Awards outstanding, January 1, 2014
 
 
-
 
 
 
 
3,336,500
 
$
0.72
 
Granted
 
 
-
 
 
 
 
360,000
 
$
1.45
 
Canceled
 
 
-
 
 
 
 
(122,500)
 
$
0.79
 
Exercised
 
 
-
 
 
 
 
(459,999)
 
$
0.61
 
Awards outstanding, September 30, 2014
 
 
-
 
 
 
 
3,114,001
 
$
0.82
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Awards vested and expected to vest, September 30, 2014
 
 
-
 
 
 
 
3,114,001
 
$
0.82
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Awards outstanding and exercisable, September 30, 2014
 
 
-
 
 
 
 
1,754,413
 
$
0.76
 
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]
The weighted-average remaining contractual life and the aggregate intrinsic value (the amount by which the fair value of the Company’s stock exceeds the exercise price of the option) of the stock options outstanding, exercisable, and vested and expected to vest as of September 30, 2015 are as follows:
 
 
 
 
 
Vested and
 
Outstanding
 
 
 
 
 
Expected to
 
and
 
 
 
Outstanding
 
Vest
 
Exercisable
 
 
 
(Unaudited)
 
Weighted-average remaining contractual life (in years)
 
 
3.6
 
 
3.6
 
 
3.3
 
Aggregate intrinsic value
 
$
350,267
 
$
350,267
 
$
283,099