Note 7 - Stockholders' Equity

9 Months Ended

Sep. 30, 2013

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

(7)               Stockholders’ Equity

During the nine months ended September 30, 2013, the Company issued approximately 1.5 million shares of common stock to settle options exercised during the period.

During the nine months ended September 30, 2013, the Company issued approximately 59,000 shares of common stock to settle warrants exercised during the period.

During the nine months ended September 30, 2013, the Company issued approximately 231,000 shares of restricted stock with a fair value of $3.2 million to certain officers and employees for services to be provided during the next three years. The Company is recording the expense related to these awards in SGA expenses over the requisite service period.

During the nine months ended September 30, 2013, the Company issued approximately 20,000 shares of restricted stock with a fair value of $485,000 to the members of the Board of Directors as compensation for services to be provided in the upcoming year. The Company is recording the expense related to these awards in SGA expenses over the one-year service period.

During the nine months ended September 30, 2013, the Company issued approximately 37,000 shares of common stock to settle vested restricted stock units granted in early 2013 as compensation to certain employees for services provided in the year ended December 31, 2012. The Company recorded the expense related to these awards in SGA expenses over the requisite service period.

During the nine months ended September 30, 2013, the Company did not repurchase any shares under the share repurchase program. As of September 30, 2013, the Company has approximately 905,000 shares of common stock held as treasury shares with an average value of $9.38 per share, and the ability to repurchase an additional $10.2 million in shares of its common stock.