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Stockholders Equity (Deficit) (Tables)
9 Months Ended
Sep. 30, 2015
Equity [Abstract]  
Summary of Stock Option Plans Activity

A summary of the Plans’ stock option activity is as follows:

 

 

 

Number of

Shares

 

 

Weighted-

Average

Exercise Price

Per Share

 

 

Weighted-

Average

Remaining

Contractual

Life (Years)

 

Aggregate

Intrinsic Value

 

Balance at December 31, 2014

 

 

595,577

 

 

$

3.71

 

 

7.8

 

 

 

 

Granted

 

 

17,083

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(13,764

)

 

2.47

 

 

 

 

$

92,582

 

Forfeited

 

 

(8,757

)

 

5.42

 

 

 

 

 

 

 

Balance at September 30, 2015

 

 

590,139

 

 

4.01

 

 

7.1

 

 

5,258,488

 

Vested and expected to vest at September 30, 2015

 

 

580,001

 

 

4.01

 

 

7.1

 

 

5,203,992

 

Exercisable at September 30, 2015

 

 

371,573

 

 

3.45

 

 

6.3

 

 

3,508,953

 

 

Summary of Stock Option Grant Activity and Fair Value Information

Below is a summary of stock option grant activity under the 2014 Plan and related fair value information for the nine months ended September 30, 2015:  

 

2015 Grants

 

Options Granted

 

 

Exercise Price

 

 

Fair Value of

Common Stock on

Date of Grant

 

May

 

 

5,000

 

 

$

14.64

 

 

$

14.64

 

June

 

 

12,083

 

 

$

13.83

 

 

$

13.83

 

Total

 

 

17,083

 

 

 

 

 

 

 

 

 

 

Below is a summary of stock option grant activity under the 2011 Plan and related fair value information for the nine months ended September 30, 2014:

 

2014 Grants

 

Options Granted

 

 

Exercise Price

 

 

Fair Value of

Common Stock on

Date of Grant

 

January

 

 

2,094

 

 

$

2.15

 

 

$

2.15

 

March

 

 

249,361

 

 

$

2.15

 

 

$

2.15

 

May

 

 

8,685

 

 

$

2.15

 

 

$

2.15

 

Total

 

 

260,140