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Stock Options and Award Programs (Tables)
6 Months Ended
Jun. 30, 2016
Stock Options and Award Programs [Abstract]  
Nonvested Restricted Stock Shares Activity [Table Text Block]
A summary of RSA activity as of June 30, 2016, and changes during six month period ended June 30, 2016 is set forth below:
 
 
 
2016
 
 
2015
 
NON-VESTED AWARDS
 
Shares
 
 
Shares
 
 
(Unaudited)
 
Non-vested balances, January 1
 
 
500,000
 
 
 
500,000
 
Vested
 
 
(250,000)
(1)
 
 
 
Non-vested balances, June 30
 
 
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 of approximately $32,300.
Schedule of Nonvested Share Activity [Table Text Block]
A summary of stock option activity as of June 30, 2016 and 2015, and changes during six month periods ended June 30, 2016 and 2015 is set forth below:
 
 
 
2016
 
2015
 
 
 
 
 
Weighted
 
 
 
Weighted
 
 
 
 
 
Average
 
 
 
Average
 
 
 
 
 
 
Grant Date
 
 
 
 
Grant Date
 
NON-VESTED AWARDS
 
Shares
 
Fair Value
 
Shares
 
Fair Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Unaudited)
 
Non-vested balances, January 1,
 
 
841,672
 
$
0.80
 
 
1,340,838
 
$
0.57
 
Granted
 
 
650,000
 
$
0.40
 
 
180,000
 
$
0.70
 
Cancelled
 
 
(25,000)
 
$
0.72
 
 
(250,000)
 
$
0.39
 
Vested
 
 
(534,172)
 
$
0.69
 
 
(416,666)
 
$
0.27
 
Non-vested balances, June 30,
 
 
932,500
 
$
0.59
 
 
854,172
 
$
0.80
 
Schedule Of Share-Based Compensation, Stock Options, Activity [Table Text Block]
 
 
 
2016
 
2015
 
 
 
 
 
Weighted
 
 
 
Weighted
 
 
 
 
 
Average
 
 
 
Average
 
OUTSTANDING AND EXERCISABLE AWARDS
 
Shares
 
Exercise Price
 
Shares
 
Exercise Price
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Unaudited)
 
Awards outstanding, January 1,
 
 
1,857,668
 
$
0.91
 
 
2,791,601
 
$
0.83
 
Granted
 
 
650,000
 
$
0.70
 
 
180,000
 
$
1.45
 
Cancelled
 
 
(317,000)
 
$
0.80
 
 
(250,000)
 
$
0.74
 
Exercised
 
 
 
 
 
 
(825,029)
 
$
0.81
 
Awards outstanding, June 30,
 
 
2,190,668
 
$
0.86
 
 
1,896,572
 
$
0.91
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Awards vested and expected to vest, June 30,
 
 
2,064,739
 
$
0.87
 
 
1,896,572
 
$
0.91
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Awards outstanding and exercisable, June 30,
 
 
1,258,168
 
$
0.82
 
 
1,042,400
 
$
0.68
 
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 June 30, 2016 are as follows:
 
 
 
 
 
Vested and
 
Outstanding
 
 
 
 
 
Expected to
 
and
 
 
 
Outstanding
 
Vest
 
Exercisable
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Unaudited)
 
Weighted-average remaining contractual life (in years)
 
 
3.5
 
 
2.7
 
 
2.7
 
Aggregate intrinsic value
 
$
26,433
 
$
26,433
 
$
26,433