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Stock Options and Award Programs (Tables)
3 Months Ended
Mar. 31, 2016
Stock Options and Award Programs [Abstract]  
Nonvested Restricted Stock Shares Activity [Table Text Block]
A summary of RSA activity as of March 31, 2016, and changes during three month period ended March 31, 2016 is set forth below:
 
 
 
THREE MONTHS ENDED
 
 
 
MARCH 31,
 
 
 
2016
 
2015
 
 
 
 
(Unaudited
 
NON-VESTED AWARDS
 
Shares
 
Shares
 
 
 
 
 
 
 
Non-vested balances, January 1
 
 
500,000
(1)
 
500,000
 
Vested
 
 
(250,000)
 
 
--
 
Non-vested balances, March 31
 
 
250,000
 
 
500,000
 
 
(1)     The Company issued 209,438 shares of the Company’s common stock in connection with this accelerated vesting event. Mr. McCubbin elected to have 40,562 of such shares withheld in satisfaction of the corresponding tax liability.
Schedule of Nonvested Share Activity [Table Text Block]
A summary of stock option activity as of March 31, 2016, and changes during three month period ended March 31, 2016 is set forth below:
 
 
 
THREE MONTHS ENDED
 
THREE MONTHS ENDED
 
 
 
MARCH 31
 
MARCH 31
 
 
 
2016
 
2015
 
 
 
 
 
 
 
(Unaudited)
 
 
 
 
 
 
 
 
Weighted
 
 
 
Weighted
 
 
 
 
 
Average
 
 
 
Average
 
NON-VESTED AWARDS
 
Shares
 
Exercise Price
 
Shares
 
Exercise Price
 
 
 
 
 
 
 
 
 
 
 
Non-vested balances, January 1,
 
 
841,672
 
$
0.80
 
 
1,340,838
 
$
0.57
 
Granted
 
 
50,000
 
$
0.39
 
 
--
 
 
--
 
Cancelled
 
 
--
 
 
--
 
 
(250,000)
 
 
0.39
 
Vested
 
 
(439,172)
 
$
0.65
 
 
(416,666)
 
$
0.27
 
Non-vested balances, March 31,
 
 
452,500
 
$
0.90
 
 
674,172
 
$
0.83
 
Schedule Of Share-Based Compensation, Stock Options, Activity [Table Text Block]
 
 
THREE MONTHS ENDED
 
THREE MONTHS ENDED
 
 
 
MARCH 31
 
MARCH 31
 
 
 
2016
 
2015
 
 
 
 
 
 
 
(Unaudited)
 
 
 
 
 
 
 
 
Weighted
 
 
 
Weighted
 
 
 
 
 
Average
 
 
 
Average
 
OUTSTANDING AND EXERCISABLE AWARDS
 
Shares
 
Exercise Price
 
Shares
 
Exercise Price
 
 
 
 
 
 
 
 
 
 
 
Awards outstanding, January 1,
 
 
1,857,668
 
$
0.91
 
 
2,791,601
 
$
0.83
 
Granted
 
 
50,000
 
$
0.68
 
 
--
 
 
--
 
Cancelled
 
 
(292,000)
 
$
0.74
 
 
(250,000)
 
$
0.74
 
Exercised
 
 
--
 
 
--
 
 
(217,160)
 
$
0.58
 
Awards outstanding, March 31,
 
 
1,615,668
 
$
0.94
 
 
2,324,441
 
$
0.86
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Awards vested and expected to vest,
 
 
 
 
 
 
 
 
 
 
 
 
 
March 31,
 
 
1,608,449
 
$
0.94
 
 
2,324,441
 
$
0.86
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Awards outstanding and exercisable,
 
 
 
 
 
 
 
 
 
 
 
 
 
March 31,
 
 
1,163,168
 
$
0.77
 
 
1,650,269
 
$
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 March 31, 2016 are as follows:
 
 
 
 
 
Vested and
 
Outstanding
 
 
 
 
 
Expected to
 
and
 
 
 
Outstanding
 
Vest
 
Exercisable
 
 
 
 
 
(Unaudited)
 
 
 
Weighted-average remaining contractual life (in years)
 
 
3.3
 
 
2.9
 
 
2.9
 
Aggregate intrinsic value
 
$
34,200
 
$
34,200
 
$
34,200