XML 59 R27.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock Option Plans (Tables)
9 Months Ended
Sep. 30, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Option Activity for Employees and Non-Employees

A summary of option activity for employees under the plans and changes during the nine months ended September 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

 

 

205,100

 

 

 

0.71

 

 

 

-

 

 

 

-

 

Forfeited or expired

 

 

48,900

 

 

 

1.15

 

 

 

-

 

 

 

-

 

Outstanding, September 30, 2014

 

 

1,236,523

 

 

 

1.08

 

 

 

2.59

 

 

 

1,049,867

 

Exercisable, September 30, 2014

 

 

885,232

 

 

 

1.01

 

 

 

1.58

 

 

 

811,956

 

 

A summary of option activity for non-employees under the plans and changes during the nine months ended September 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

 

 

151,666

 

 

 

0.38

 

 

 

-

 

 

 

-

 

Forfeited or expired

 

 

5,000

 

 

 

1.15

 

 

 

-

 

 

 

-

 

Outstanding, September 30, 2014

 

 

16,666

 

 

 

1.27

 

 

 

0.87

 

 

 

11,000

 

Exercisable, September 30, 2014

 

 

16,666

 

 

 

1.27

 

 

 

0.87

 

 

 

11,000