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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The fair value of each option award is estimated on the date of grant using the Black-Scholes option-pricing formula that uses assumptions noted in the following table. Expected volatilities and risk-free interest rates are based upon the expected life of the grant. The interest rates used are the U.S. Treasury yield curve in effect at the time of the grant.
 
 
 
For the three months ended
 
 
 
March 31, 2016
 
March 31, 2015
 
 
 
 
 
 
 
Expected volatility
 
68.0% - 69.9
%
52.7% - 55.2
%
Expected term (in years)
 
3.2 -3.3 years
 
3.2 -3.3 years
 
Risk-free rate
 
1.15
%
0.89% - 1.14
%
Expected dividends
 
0
%
0
%
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
A summary of option activity under the 1999 Plan, the Director Plan and the 2009 Plan as of March 31, 2016 and changes during the period are presented below:
 
 
 
 
 
 
Weighted
 
 
 
Number of
 
Average
 
 
 
Options
 
Exercise Price
 
Outstanding as of January 1, 2016
 
 
3,592,734
 
$
4.36
 
Issued
 
 
485,135
 
$
7.46
 
Exercised
 
 
(1,000)
 
$
1.10
 
Forfeited
 
 
(31,000)
 
$
8.64
 
Expired
 
 
-
 
 
-
 
Outstanding as of March 31, 2016
 
 
4,045,869
 
$
4.70
 
 
 
 
 
 
 
 
 
Exercisable as of March 31, 2016
 
 
2,533,202
 
$
2.57
 
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
The following table summarizes information regarding options outstanding and exercisable at March 31, 2016:
  
Outstanding:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted
 
 
 
Stock
 
Weighted
 
Average
 
 
 
Options
 
Average
 
Remaining
 
Range of  Exercise Prices
 
Outstanding
 
Exercise Price
 
Contractual Life
 
$0.79 - $1.00
 
 
50,000
 
$
0.79
 
 
3.76
 
$1.01 - $1.50
 
 
1,861,400
 
$
1.07
 
 
5.89
 
$1.51 - $10.67
 
 
2,134,469
 
$
7.95
 
 
8.97
 
Total
 
 
4,045,869
 
$
4.70
 
 
7.49
 
 
Exercisable:
 
 
 
 
 
 
 
 
 
Stock
 
Weighted
 
 
 
Options
 
Average
 
Range of  Exercise Prices
 
Exercisable
 
Exercise Price
 
 
 
 
 
 
 
 
 
$0.79 - $1.00
 
 
50,000
 
$
0.79
 
$1.01 - $1.50
 
 
1,851,400
 
$
1.07
 
$1.51 - $10.67
 
 
631,802
 
$
7.12
 
Total
 
 
2,533,202
 
$
2.57
 
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]
 
 
Number of
 
Weighted Average
 
 
 
RSUs
 
Exercise Price
 
Non-vested balance at January 1, 2016
 
 
182,750
 
$
10.23
 
 
 
 
 
 
 
 
 
Changes during the period:
 
 
 
 
 
 
 
Shares granted
 
 
58,068
 
 
7.50
 
Shares vested
 
 
(52,584)
 
 
10.67
 
Shares forfeited
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
Non-vested balance at March 31, 2016
 
 
188,234
 
$
9.26