XML 60 R27.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock Option Plans (Tables)
6 Months Ended
Jun. 30, 2014
Summary of Option Activity for Employees and Non-Employees

A summary of option activity for employees under the plans and changes during the six months ended June 30, 2014, is presented below:

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

Average

 

 

Aggregate

 

 

Number

 

 

Averaged

 

 

Remaining

 

 

Intrinsic

 

 

of

 

 

Exercise

 

 

Contractual

 

 

Options

 

 

Options

 

 

Price $

 

 

Life (Years)

 

 

Value $

 

Outstanding, January 1, 2014

 

1,484,499

 

 

 

1.03

 

 

 

2.88

 

 

 

996,554

 

Granted

 

6,024

 

 

 

1.65

 

 

 

4.75

 

 

 

—

 

Exercised

 

135,000

 

 

 

0.48

 

 

 

—

 

 

 

—

 

Forfeited or expired

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Outstanding, June 30, 2014

 

1,355,523

 

 

 

1.09

 

 

 

2.61

 

 

 

1,102,022

 

Exercisable, June 30, 2014

 

1,004,232

 

 

 

1.03

 

 

 

2.19

 

 

 

874,649

 

 

A summary of option activity for non-employees under the plans and changes during the six months ended June 30, 2014, is presented below:

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

Average

 

 

Aggregate

 

 

Number

 

 

Averaged

 

 

Remaining

 

 

Intrinsic

 

 

of

 

 

Exercise

 

 

Contractual

 

 

Options

 

 

Options

 

 

Price $

 

 

Life (Years)

 

 

Value $

 

Outstanding, January 1, 2014

 

173,332

 

 

 

0.48

 

 

 

0.59

 

 

 

210,833

 

Granted

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Exercised

 

135,000

 

 

 

0.28

 

 

 

—

 

 

 

—

 

Forfeited or expired

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Outstanding, June 30, 2014

 

38,332

 

 

 

1.20

 

 

 

0.66

 

 

 

26,999

 

Exercisable, June 30, 2014

 

38,332

 

 

 

1.20

 

 

 

0.66

 

 

 

26,999