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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2013
Stock-Based Compensation  
Schedule of weighted average assumptions used to estimate fair value of each service-based stock option grant

 

 

 

 

Quarter Ended March 31,

 

 

 

2012

 

2013

 

Service-Based Stock Options

 

 

 

 

 

Expected dividend rate

 

0

%

0

%

Expected stock price volatility

 

73.9

%

74.0

%

Risk-free interest rate

 

1.4

%

1.4

%

Expected life (years)

 

6.3

 

6.3

 

Summary of activity for service-based stock options

 

 

 

 

Options

 

Weighted
Average
Exercise Price

 

Weighted Average
Remaining
Contractual Term
(Years)

 

Aggregate
Intrinsic Value

 

Service-Based Stock Options

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2012

 

9,987,468

 

$

2.38

 

7.5

 

$

 

Granted

 

1,100,000

 

$

1.29

 

 

 

 

 

Exercised

 

 

$

 

 

 

$

 

Forfeited or expired

 

 

$

 

 

 

 

 

Outstanding at March 31, 2013

 

11,087,468

 

$

2.27

 

7.4

 

$

 

Exercisable at March 31, 2013

 

4,956,364

 

$

2.59

 

5.5

 

$