Quarterly report pursuant to sections 13 or 15(d)

Stock-Based Compensation (Tables)

v2.4.0.6
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2013
Summary of Stock Option Activity

The following table summarizes activity in the stock option plans for the three months ended March 31, 2013:

 

     Shares
Available
for Future
Grant
    Number of
Shares
Outstanding
Under Option
    Weighted
Average
Exercise
Price
 

Balance, January 1, 2012

     353,953        737,020      $ 4.26   

Options granted at market

     (54,250     54,250        0.54   

Options forfeited or expired

     81,467        (84,467     1.83   
  

 

 

   

 

 

   

 

 

 

Balance, December 31, 2012

     381,170        706,803      $ 4.27   

Options granted at market

     —          —          —     

Options forfeited or expired

     10,167        (10,167     3.53   
  

 

 

   

 

 

   

 

 

 

Balance, March 31, 2013

     391,337        696,636      $ 4.28