EMPLOYEE BENEFIT PLAN

12 Months Ended

Dec. 31, 2013

EMPLOYEE BENEFIT PLAN

EMPLOYEE BENEFIT PLAN

15. EMPLOYEE BENEFIT PLAN

        In November 2006, the Company adopted a 401(k) plan (the "Plan") covering all employees. Employees must be 21 years of age in order to participate in the Plan. Under the Plan, the Company has the option to make matching contributions. For the years ended December 31, 2013, 2012 and 2011, the Company made matching contributions in the form of shares of common stock. For the years ended December 31, 2013, 2012, and 2011, the Company issued 78,884, 47,105, and 39,848 shares of common stock, respectively, and related fair values of $191,802, $91,524, and $41,662, respectively, were recorded as expense in the Statement of Operations.