Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v2.4.0.8
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2014
Summary of Stock Option Activity

The following table summarizes activity in the stock option plans:

 

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

Balance, January 1, 2014

     680,953        407,020      $ 4.52   

Options granted at market

     (52,500     52,500        2.32   

Options exercised

     —          —          —     

Options forfeited or expired

     8,000        (8,000     3.54   
  

 

 

   

 

 

   

 

 

 

Balance, September 30, 2014

     636,453        451,520      $ 4.33