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Equity Plans and Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-based compensation cost by line item
The share-based compensation expense recognized in the Condensed Statements of Operations was as follows: 

 
 
For the years ended December 31,
 
 
2013
 
2012
 
2011
Share-based compensation cost included in:
 
 
 
 
 
 
Research, development and manufacturing operations
 
$
228,120

 
$
304,013

 
$
302,101

Selling, general and administrative
 
393,385

 
620,302

 
1,270,506

Total share-based compensation cost
 
$
621,505

 
$
924,315

 
$
1,572,607


Share-based compensation cost by award type
The following table presents share-based compensation expense by type:

 
 
For the years ended December 31,
 
 
2013
 
2012
 
2011
Type of Award:
 
 
 
 
 
 
Stock Options
 
$
311,965

 
$
443,103

 
$
768,703

Restricted Stock Units and Awards
 
309,540

 
481,212

 
803,904

Total share-based compensation cost
 
$
621,505

 
$
924,315

 
$
1,572,607


Share-based compensation fair value assumptions
Fair value was calculated using the Black-Scholes Model with the following assumptions:

 
 
For the years ended December 31,
 
 
2013
 
2012
 
2011
Expected volatility
 
97.3
%
 
101.3
%
 
97.9
%
Risk free interest rate
 
0.9
%
 
0.8
%
 
2.1
%
Expected dividends
 
—

 
—

 
—

Expected life (in years)
 
5.2

 
5.2

 
6.3

Stock option activity
The following table summarizes stock option activity for grants made within the Stock Option Plan and outside the plan (shares in thousands):
 
 
Stock
Option
Shares
 
Stock Options
Weighted
Average
Exercise Price
 
Weighted
Average
Remaining
Contractual
Life in Years
 
Aggregate
Intrinsic
Value
Outstanding at January 31, 2011
 
1,516

 
$
5.14

 
8.32
 
$
527,463

Granted
 
1,295

 
1.88

 
 
 
 
Exercised
 
(57
)
 
(0.10
)
 
 
 
$
149,007

Forfeited
 
(1,308
)
 
4.96

 
 
 
 
Outstanding at December 31, 2011
 
1,446

 
$
2.58

 
8.77
 
$
4,437

Granted
 
45

 
0.80

 
 
 
 
Exercised
 
(14
)
 
0.68

 
 
 
$
14,081

Forfeited
 
(257
)
 
2.54

 
 
 
 
Outstanding at December 31, 2012
 
1,220

 
$
2.54

 
7.79
 
$
8,057

Granted
 
785

 
$
0.66

 
 
 
 
Exercised
 
(48
)
 
$
0.68

 
 
 
$
5,400

Forfeited
 
(409
)
 
$
2.04

 
 
 
 
Outstanding at December 31, 2013
 
1,548

 
$
1.78

 
7.81
 
$
51,160

Exercisable at December 31, 2013
 
596

 
$
3.21

 
6.39
 
$
12,742

Restricted stock activity
The following table summarizes non-vested restricted stock and the related activity as of December 31, 2013 and for the years ended December 31, 2013, 2012 and 2011 (shares in thousands):
 
 
Shares
 
Weighted  Average
Grant-Date
Fair-Value
Non-vested at January 1, 2011
 
246

 
$
5.48

Granted
 
488

 
$
3.19

Vested
 
(212
)
 
 
Forfeited
 
(281
)
 
 
Non-vested at December 31, 2011
 
241

 
$
3.09

Granted
 
658

 
0.57

Vested
 
(646
)
 
 
Forfeited
 
(205
)
 
 
Non-vested at December 31, 2012
 
48

 
$
3.47

Granted
 
427

 
$
0.62

Vested
 
(453
)
 
 
Forfeited
 
(7
)
 
 
Non-vested at December 31, 2013
 
15

 
$
3.52