Stock-Based Compensation Plans (Tables)

3 Months Ended

Mar. 31, 2015

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Summary of Stock Option Activity Under the Option Plan

A summary of stock option activity under the Option Plan for the three months ended March 31, 2015, is presented below:

	Shares Under Option			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life		Aggregate Intrinsic Value
Outstanding at January 1, 2015		1,735,519		$	0.59
Granted		—
Exercised		—
Forfeited		(468,019	)	$	0.88
Outstanding at March 31, 2015		1,267,500		$	0.49		7.4 years	$	-
Exercisable at March 31, 2015		549,669		$	0.72		5.9 years	$	-

Summary of Status of the Company's Non-Vested Shares Under Option

A summary of status of the Company’s non-vested share awards as of and for the three months ended March 31, 2015, is presented below:

	Nonvested Shares Under Option			Weighted Average Grant Date Fair Value
Non-vested at January 1, 2015		945,940		$	0.29
Granted		—
Vested		(76,376	)	$	0.56
Forfeited		(151,733	)	$	0.27
Non-vested at March 31, 2015		717,831		$	0.27