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Stockholders' Equity, Equity Incentive Plans and Warrants (Tables)
12 Months Ended
Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-based compensation expense
The following table summarizes share-based compensation expense for the years ended December 31, (in thousands):
 
 
2011
 
2012
 
2013
Cost of goods sold
 
$
828

 
$
617

 
$
334

Sales and marketing
 
540

 
419

 
274

Research and development
 
2,200

 
1,705

 
1,054

General and administrative
 
1,548

 
1,024

 
1,028

Share-based compensation expense before taxes
 
5,116

 
3,765

 
2,690

Related deferred income tax benefits
 

 

 

Share-based compensation expense
 
$
5,116

 
$
3,765

 
$
2,690

Share-based compensation expense is derived from:
 
 
 
 
 
 
Stock options
 
$
1,434

 
$
1,508

 
$
1,924

Restricted stock awards
 
2,303

 
1,958

 
489

Stock bonus plan
 
1,005

 

 

2000 ESPP
 
374

 
299

 
277

Total
 
$
5,116

 
$
3,765

 
$
2,690

Summary of stock option activity
A summary of stock option activity is as follows:
 
 
Number of shares
 
Weighted average exercise price
 
Weighted average remaining contractual term (in years)
 
Aggregate intrinsic value
Outstanding at January 1, 2013
 
8,952,129

 
$
2.93

 
 
 
 
Granted
 
2,331,500

 
1.57

 
 
 
 
Exercised
 
(210,551
)
 
1.53

 
 
 
 
Forfeited
 
(268,985
)
 
1.47

 
 
 
 
Expired
 
(953,595
)
 
3.94

 
 
 
 
Outstanding at December 31, 2013
 
9,850,498

 
$
2.58

 
4.35
 
$
12,056,111

Vested and expected to vest at December 31, 2013
 
9,511,564

 
$
2.62

 
4.28
 
$
11,423,719

Exercisable at December 31, 2013
 
6,155,904

 
$
3.17

 
3.65
 
$
5,528,671

Summary of restricted stock activity
A summary of restricted stock award activity for 2013 is as follows:
 
 
Number of shares
 
Weighted average grant date fair value
Outstanding at January 1, 2013
 
655,402

 
$
2.16

Granted
 
30,000

 
1.74

Vested
 
(567,268
)
 
2.22

Forfeited
 
(25,323
)
 
1.84

Outstanding and unvested at December 31, 2013
 
92,811

 
$
1.73

Schedule of valuation assumptions for equity awards
To estimate compensation expense for the years ended December 31, 2011, 2012, and 2013 we used the Black-Scholes pricing model with the following weighted-average assumptions for equity awards granted:
 
 
EIP and NEDSOP
 
ESPP
 
 
Years Ended December 31,
 
Years Ended December 31,
 
 
2011
 
2012
 
2013
 
2011
 
2012
 
2013
Risk-free interest rate
 
1.84
%
 
1.19
%
 
1.07
%
 
0.17
%
 
0.12
%
 
0.09
%
Expected dividend yield
 
%
 
%
 
%
 
%
 
%
 
%
Volatility
 
85
%
 
81
%
 
82
%
 
70
%
 
64
%
 
63
%
Expected Term
 
5.4 years

 
5.2 years

 
5.3 years

 
0.5 years

 
0.5 years

 
0.5 years

Forfeiture Rate
 
0%-12.25%

 
0%-10.62%

 
0%-9.45%

 
%
 
%
 
%