XML 31 R28.htm IDEA: XBRL DOCUMENT v2.4.1.9
Stock Option Plans (Tables)
12 Months Ended
Dec. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Option Activity for Employees and Non-Employees

 

 

 

Number
of
Options

 

 

Weighted
Averaged
Exercise
Price $

 

 

Weighted
Average
Remaining
Contractual
Life (Years)

 

 

Aggregate
Intrinsic
Options
Value $

 

Outstanding, January 1, 2013

  

 

1,283,741

  

 

 

0.79

  

  

 

3.07

  

  

 

-

  

Granted

  

 

309,090

  

 

 

1.62

  

  

 

5.00

  

  

 

-

  

Exercised

  

 

(56,666

 

 

-

  

  

 

-

  

  

 

-

  

Forfeited or expired

  

 

(51,666

 

 

0.99

  

  

 

-

  

  

 

-

  

Outstanding, December 31, 2013

  

 

1,484,499

  

 

 

1.03

  

  

 

2.88

  

  

 

-

  

Exercisable, December 31, 2013

  

 

1,115,006

  

 

 

0.99

  

  

 

2.41

  

  

 

-

  

Granted

  

 

390,470

  

 

 

2.25

  

  

 

4.87

  

  

 

 

 

Exercised during 2014

  

 

(312,293

 

 

0.93

  

  

 

-

  

  

 

-

  

Forfeited or expired

  

 

(90,546

 

 

1.30

  

  

 

-

  

  

 

-

  

Outstanding, December 31, 2014

  

 

1,472,130

  

 

 

0.79

  

  

 

3.23

  

  

 

1,430,231

  

Exercisable, December 31, 2014

  

 

1,036,185

  

 

 

1.10

  

  

 

2.75

  

  

 

1,244,074

  

 

 

 

Number
of
Options

 

 

Weighted
Averaged
Exercise
Price $

 

VESTED OPTIONS

 

 

 

 

 

 

 

 

Outstanding, January 1, 2013

 

 

849,066

 

 

 

0.81

 

Exercised

 

 

(56,666

)

 

 

-

 

Vested Options

 

 

369,272

 

 

 

1.19

 

Forfeited

 

 

(46,666

)

 

 

0.96

 

Outstanding, December 31, 2013

 

 

1,115,006

 

 

 

0.97

 

Exercised

 

 

(312,293

)

 

 

0.93

 

Vested Options

 

 

324,018

 

 

 

1.45

 

Forfeited

 

 

(90,546

)

 

 

1.30

 

Outstanding, December 31, 2014

 

 

1,036,185

 

 

 

1.11

 

NONVESTED OPTIONS

 

 

 

 

 

 

 

 

Nonvested, January 1, 2013

 

 

434,675

 

 

 

0.91

 

Granted

 

 

309,090

 

 

 

1.62

 

Vested

 

 

(369,272

)

 

 

1.19

 

Forfeited

 

 

(5,000

)

 

 

1.00

 

Nonvested, December 31, 2013

 

 

369,493

 

 

 

1.22

 

Granted

 

 

390,470

 

 

 

2.18

 

Vested

 

 

(324,018

)

 

 

1.45

 

Forfeited

 

 

-

 

 

 

-

 

Nonvested, December 31, 2014

 

 

435,945

 

 

 

1.87

 

 

A summary of option activity for non-employees under the plans as of December 31, 2014 and 2013, and changes during the year ended is presented below:

 

 

 

Number of
Options

 

 

Weighted
Averaged
Exercise
Price $

 

 

Weighted
Average
Remaining
Contracted
Life (years)

 

 

Aggregate
Intrinsic
Options
Value $

 

Outstanding, January 1, 2013

  

 

239,999

  

 

 

1.56

  

  

 

1.32

  

  

 

-

  

Exercisable, December 31, 2013

  

 

234,442

  

 

 

1.57

  

  

 

-

  

  

 

-

  

Forfeited

  

 

(66,667

 

 

2.50

  

  

 

-

  

  

 

-

  

Outstanding, December 31, 2013

  

 

173,332

  

 

 

0.48

  

  

 

0.59

  

  

 

210,833

  

Exercisable, December 31, 2013

  

 

173,332

  

 

 

0.48

  

  

 

0.59

  

  

 

201,833

  

Forfeited

  

 

5,000

 

 

 

1.15

  

  

 

-

  

  

 

-

  

Outstanding, December 31, 2014

  

 

16,666

  

 

 

1.27

  

  

 

0.62

  

  

 

17,166

  

Exercisable, December 31, 2014

  

 

1,666

  

 

 

1.24

  

  

 

0.62

  

  

 

1,716

  

 

 

 

Number
of
Options

 

 

Weighted
Averaged
Exercise
Price $

 

VESTED OPTIONS

 

 

 

 

 

 

 

 

Outstanding, January 1, 2013

 

 

234,442

 

 

 

1.57

 

Vested

 

 

5,557

 

 

 

1.27

 

Forfeited

 

 

667

 

 

 

2.50

 

Outstanding, December 31, 2013

 

 

173,332

 

 

 

0.48

 

Exercised

 

 

15,166

 

 

 

0.38

 

Forfeited

 

 

5,000

 

 

 

-

 

Outstanding, December 31, 2014

 

 

16,666

 

 

 

1.27

 

NONVESTED OPTIONS

 

 

 

 

 

 

 

 

Nonvested January 1, 2013

 

 

5,557

 

 

 

1.27

 

Vested during 2013

 

 

(5,557)

 

 

 

1.27

 

Outstanding, December 31, 2014

 

 

-

 

 

 

-