XML 43 R23.htm IDEA: XBRL DOCUMENT v2.4.1.9
Stock Option Plans (Tables)
3 Months Ended
Mar. 31, 2015
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 three months ended March 31, 2015, is presented below:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

Average

 

 

Aggregate

 

 

 

Number

 

 

Averaged

 

 

Remaining

 

 

Intrinsic

 

 

 

of

 

 

Exercise

 

 

Contractual

 

 

Options

 

 

 

Options

 

 

Price $

 

 

Life (Years)

 

 

Value $

 

Outstanding, January 1, 2015

 

 

1,472,130

 

 

 

1.33

 

 

 

3.23

 

 

 

1,430,231

 

Granted

 

 

100,000

 

 

 

2.50

 

 

 

-

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Forfeited or expired

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Outstanding, March 31, 2015

 

 

1,572,130

 

 

 

1.40

 

 

 

3.10

 

 

 

2,460,722

 

Exercisable, March 31, 2015

 

 

1,058,418

 

 

 

1.09

 

 

 

2.49

 

 

 

2,019,427

 

 

A summary of option activity for non-employees under the plans and changes during the three months ended March 31, 2015, is presented below:

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

Average

 

 

Aggregate

 

 

 

Number

 

 

Averaged

 

 

Remaining

 

 

Intrinsic

 

 

 

of

 

 

Exercise

 

 

Contractual

 

 

Options

 

 

 

Options

 

 

Price $

 

 

Life (Years)

 

 

Value $

 

Outstanding, January 1, 2015

 

 

16,666

 

 

 

1.27

 

 

 

0.62

 

 

 

17,166

 

Granted

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Forfeited or expired

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Outstanding, March 31, 2015

 

 

16,666

 

 

 

1.27

 

 

 

0.37

 

 

 

28,832

 

Exercisable, March 31, 2015

 

 

16,666

 

 

 

1.27

 

 

 

0.37

 

 

 

28,832