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Stock Benefit Plans and Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2012
Summary of Stock Option Activity

A summary of the Company’s stock option activity under the 2005 Plan and related information is as follows (in thousands, except as indicated and per share data):

 

     Shares     Weighted
average
exercise
price
     Weighted
average
remaining
contractual
term
(in years)
     Aggregate
intrinsic
value
 

Outstanding at December 31, 2011

     4,717      $ 3.31         7.71       $ 107   

Granted

     2,574      $ 1.94                 

Exercised

     (62   $ 1.23                 

Forfeited

     (2,309   $ 3.51                 
  

 

 

         

Outstanding at December 31, 2012

     4,920      $ 2.51         8.03       $ 64   
  

 

 

   

 

 

    

 

 

    

 

 

 

Options vested and exercisable at December 31, 2012

     1,702      $ 3.32         5.59       $ 51   
  

 

 

   

 

 

    

 

 

    

 

 

 

Options vested and expected to vest at December 31, 2012

     4,484      $ 2.55         7.88       $ 63   
  

 

 

   

 

 

    

 

 

    

 

 

 
Summary of Information about Restricted Stock Awards Activity

The following table summarizes information about the restricted stock awards activity (in thousands, except as indicated and per share data):

 

     Shares     Weighted
average
grant
date fair
value
     Weighted
average
remaining
recognition
period
(in years)
 

Unvested at December 31, 2011

     361      $ 2.61         3.22   

Awarded

     702      $ 1.57      

Vested

     (77   $ 2.95      

Forfeited

     (109   $ 2.10      
  

 

 

      

Unvested at December 31, 2012

     877      $ 1.81         1.49   
  

 

 

   

 

 

    

 

 

 
Summary of Common Stock Reserved for Future Issuance

Common stock reserved for future issuance consists of the following (in thousands):

 

     December 31,
2012
 

Stock options outstanding

     4,920   

Awards outstanding

     877   

Warrants outstanding

     594   

Authorized for future grant under 2005 Plan

     531   
  

 

 

 
     6,922