XML 18 R70.htm IDEA: XBRL DOCUMENT v2.4.1.9
STOCK-BASED COMPENSATION (Details Narrative) (USD $)
3 Months Ended 12 Months Ended
Mar. 12, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Options authorized under plan   7,000,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized 4,000,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized    
Option term   6 years 1 month 6 days      
Options outstanding   4,057,296us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber 3,786,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber 3,031,221us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber 1,707,713us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
Option exercisable   3,063,392us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber 2,309,865us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber    
Weighted average exercise price   $ 0.87us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice      
Options not yet vested   978,347us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares   1,473,546us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares  
Options vested and expected to vest   4,041,739us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber      
Options vested and expected to vest, weighted average exercise price   $ 1.06us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice   $ 0.86us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice  
Intrinsic value vested and expected to vest   $ 5,423,380us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue      
Weighted average remaining contractual life   6 years 9 months 18 days      
Exercised (7,915)us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised 98,617us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised 35,310us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised 24,924us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised  
Shares issued pursuant to options exercised   98,617IWSY_SharesIssuedPursuantToOptionsExercised 35,310IWSY_SharesIssuedPursuantToOptionsExercised 24,924IWSY_SharesIssuedPursuantToOptionsExercised  
Proceeds from option exercise   67,000IWSY_ProceedsFromStockOptionsExercised2 11,000IWSY_ProceedsFromStockOptionsExercised2    
Options excercised, intrinsic value   170,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue 59,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue    
Exercisable, intrinsic value   4,696,000us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1 2,468,000us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1    
Outstanding, intrinsic value   5,427,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue 3,786,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue    
Shares vested during period   864,157us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsPeriodIncreaseDecrease 951,610us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsPeriodIncreaseDecrease    
Shares vested during period, weighted average grant date fair value   $ 0.80us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue $ 0.75us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue    
Shares forfeited during period   62,498us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited 30,000us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited    
Shares forfeited during period, exercisable   15,000IWSY_SharesForfeitedDuringPeriodExercisable 17,504IWSY_SharesForfeitedDuringPeriodExercisable    
Shares forfeited during period, weighted average grant date fair value   $ 1.75us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresIntrinsicValue $ 0.88us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresIntrinsicValue    
Shares vested, weighted-average grant-date fair value   $ 0.70us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue $ 0.67us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue    
weighted-average grant-date fair value   $ 1.37us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue $ 0.97us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue $ 0.71us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue  
Unrecognized compensation cost related to unvested stock options   990,000us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions      
Weighted-average remaining requisite service period   1 year 3 months 18 days      
Stock-based compensation expense related to restricted stock grants   238,000us-gaap_AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition      
Restricted stock issued   94,116us-gaap_RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings 144,000us-gaap_RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings    
Stock-based compensation expense related to 2010 stock grants   $ 0us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $ 0us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $ 37,000us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue  
Permance units exchanged       880,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures  
Options issued in exchange of performance units       435,000us-gaap_NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationOptionsIssued1  
1999 Plan [Member]          
Options authorized under plan   350,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
/ us-gaap_AwardTypeAxis
= us-gaap_StockCompensationPlanMember
     
Option term   10 years      
Vesting term   3 years      
2001 Plan [Member]          
Options authorized under plan   1,000,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
/ us-gaap_AwardTypeAxis
= IWSY_StockCompensationPlan2Member