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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
A summary of the options

A summary of the option activity for the first nine months of 2016 is as follows:

 

 

Number of Shares

 

Weighted Average Exercise Price per Share

 

Weighted Average Remaining Contractual Term (in years)

 

Aggregate Intrinsic Value

Options outstanding at December 31, 2015

          307,750

 

 $        5.96

 

6.30

 

 $               46

Granted

                    -  

 

 $            -  

 

                        -  

 

 $               -  

Exercised

                    -  

 

 $            -  

 

                        -  

 

 $               -  

Expired

             (8,000)

 

 $      12.50

 

                        -  

 

 $               -  

Forfeited

         (142,250)

 

 $        4.94

 

                        -  

 

 $               31

               

Options outstanding at September 30, 2016

          157,500

 

 $        6.54

 

4.47

 

 $               -  

Options exercisable at September 30, 2016

          129,000

 

 $        6.94

 

3.80

 

 $               -  

               
A summary of the restricted stock awards and stock awards

A summary of the restricted stock awards and stock award activity for the first nine months of 2016 is as follows:

 

Number of Shares

 

Weighted Average Remaining Contractual Term (in years)

 

Aggregate Intrinsic Value

Awards outstanding at December 31, 2015

                    -  

 

                        -  

 

 $               -  

Granted

           150,806

 

                        -  

 

 $             427

Exercised

           (41,168)

 

                        -  

 

 $             130

Forfeited

           (99,638)

 

                        -  

 

 $             235

           

Awards outstanding at September 30, 2016

             10,000

 

0.24

 

 $               39

Awards exercisable at September 30, 2016

                    -  

 

                        -  

 

 $               -