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Share-based compensation (Tables)
12 Months Ended
Dec. 31, 2014
Summary Of Significant Accounting Policies Share-based Compensation Tables  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The following table summarizes the weighted-average valuation assumptions and weighted-average grant date fair value of options granted during the periods shown below:

      Year Ended December 31,
      2014     2013
Assumptions (weighted average)            
Volatility     100%     96%
Expected term (in years)     4.0      4.1 
Risk-free rate     1.3%     1.0%
Expected dividends     0.0%     0.0%
Pre-vest forfeiture rate     8.5%     8.5%
Grant date fair value of options granted   $ 1.22    $ 1.49 

 

 

Options activity and positions

The following table summarizes activity and positions with respect to options for the two years ended December 31, 2014:

                  Weighted      
                  Average      
            Weighted     Remaining      
            Average     Contractual     Aggregate
            Exercise     Term     Intrinsic
Options     Shares     Price     (years)     Value
Outstanding as of December 31, 2012     1,318,000    $ 13.71      6.8    $
Granted      824,000      2.22      -      
Exercised     (23,000)     1.80      -      
Forfeited or expired     (214,000)     13.86      -      
Outstanding as of December 31, 2013     1,905,000      8.86      7.4      1,500 
Granted      717,000      1.78      -      
Exercised         -       -      
Forfeited or expired     (195,000)     9.49      -      
Outstanding as of December 31, 2014     2,427,000    $ 6.72      7.4    $ 18,700 
                         
Vested and expected to vest as of December 31, 2014     2,293,000    $ 7.00      7.3    $ 18,100 
                         
Exercisable as of December 31, 2014     1,263,000    $ 11.06      5.9    $ 14,100