Stock-Based Compensation

6 Months Ended

Jun. 30, 2012

STOCK-BASED COMPENSATION:

The Company’s net income for the six months ended June 30, 2012 and June 30, 2011 included $0.5 million and $0.5 million, respectively, of stock based compensation expense. Stock based compensation for the six months ended June 30, 2012 included $48,187 related to the extension of the expiration periods of certain stock options due to the reduction in force.



	Six Months Ended June 30,
Stock Based Compensation	2012		2011
Cost of revenues	$	10,039	$	6,618
General and administrative	416,692		454,855
Research and development	61,250		42,910
Total	$	487,981	$	504,383

During the six months ended June 30, 2012, the Company granted 835,000 options to employees. During the six months ended June 30, 2012, 593,625 options expired unexercised.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

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+ Details