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Equity Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2014
2004 Share Incentive Plan [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Movements in Stock Options

 

 

Options
Outstanding

 

Weighted
Average
Exercise Price

 

Weighted
Average
Remaining
Contractual Life

 

Aggregate
Intrinsic
Value

 

 

 

 

 

$

 

 

 

$

 

Outstanding at January 1, 2012

 

43,746,700

 

0.079

 

1.62

 

 

Granted

 

 

 

 

 

Exercised

 

 

 

 

 

Cancelled or Expired

 

(9,077,328

)

0.025

 

 

 

Outstanding at December 31, 2012

 

34,669,372

 

0.094

 

0.89

 

 

Granted

 

 

 

 

 

Exercised

 

 

 

 

 

Forfeited

 

(18,949,372

)

0.076

 

 

 

Outstanding at December 31, 2013

 

15,720,000

 

0.116

 

0.11

 

 

Granted

 

 

 

 

 

Exercised

 

 

 

 

 

Forfeited

 

(14,100,000

)

0.117

 

 

 

Outstanding at December 31, 2014

 

1,620,000

 

0.103

 

0.00

 

 

Vested and expected to vest at December 31, 2014

 

1,620,000

 

0.103

 

0.00

 

 

Vested and exercisable at December 31, 2014

 

1,620,000

 

0.103

 

0.00

 

 

2010 Equity Compensation Plan [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Movements in Stock Options

 

 

Options
Outstanding

 

Weighted
Average
Exercise Price

 

Weighted
Average
Remaining
Contractual Life

 

Aggregate
Intrinsic
Value

 

 

 

 

 

$

 

 

 

$

 

Outstanding at January 1, 2012

 

402,826,000

 

0.0352

 

5.47

 

 

Granted

 

28,500,000

 

0.0116

 

 

 

Exercised

 

 

 

 

 

Cancelled or expired

 

(126,070,000

)

0.0367

 

 

 

Outstanding at December 31, 2012

 

305,256,000

 

0.0324

 

4.57

 

 

Granted

 

323,900,000

 

0.0105

 

 

 

Exercised

 

(4,000,000

)

0.0116

 

 

55,213

 

Forfeited

 

(113,862,000

)

0.0317

 

 

 

Outstanding at December 31, 2013

 

511,294,000

 

0.0189

 

4.70

 

6,514,815

 

Granted

 

 

 

 

 

Exercised

 

(32,712,500

)

0.0103

 

 

138,955

 

Forfeited

 

(257,875,000

)

0.0121

 

 

 

Outstanding at December 31, 2014

 

220,706,500

 

0.0280

 

2.97

 

 

Vested and expected to vest at December 31, 2014

 

200,348,900

 

0.0289

 

2.90

 

 

Vested and exercisable at December 31, 2014

 

119,243,125

 

0.0332

 

2.63

 

 

Schedule of Estimated Fair Values of Stock Options

 

 

Options Granted
in 201
2

 

Options Granted
in 201
3

 

Options Granted
in 201
4

 

Fair value of ordinary shares ($)

 

0.0116

 

0.0106~0.0131

 

 

Exercise price ($)

 

0.0116

 

0.0103~0.0113

 

 

Expected volatility (%)

 

100

%

94%

 

 

Expected dividend yield (%)

 

0

%

0%

 

 

Expected term (years)

 

3.5

 

3.5

 

 

Risk-free interest rate (per annum) (%)

 

1.2425

%

1.3445%~1.3843%