v3.5.0.2
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2016
Equity [Abstract]  
Summary of Option Activity

A summary of option activity under both the 2006 Plan and the 2015 Plan as of September 30, 2016 and changes during the nine months then ended is presented in the table below (shares in thousands):

 

 

 

Shares

 

 

Wtd. Avg.

Exercise Price

 

 

Wtd. Avg.

Remaining

Contractual

Life in Years

 

Outstanding at December 31, 2015

 

 

1,257

 

 

$

1.04

 

 

 

4.51

 

Granted

 

 

 

 

$

 

 

 

 

 

Exercised

 

 

 

 

$

 

 

 

 

 

Expired

 

 

(108

)

 

$

0.51

 

 

 

 

 

Forfeited

 

 

(58

)

 

$

1.81

 

 

 

 

 

Outstanding at September 30, 2016

 

 

1,091

 

 

$

1.05

 

 

 

4.07

 

Vested and expected to vest

 

 

1,051

 

 

$

1.03

 

 

 

4.03

 

Exercisable at September 30, 2016

 

 

884

 

 

$

0.94

 

 

 

3.65

 

 

Summary of Non-Vested Options

A summary of the status of the Company’s non-vested options at September 30, 2016 and changes during the nine months then ended is presented below (shares in thousands):

 

 

 

Shares

 

 

Weighted-average

grant-date fair value

 

Non-vested at December 31, 2015

 

 

450

 

 

$

1.16

 

Granted

 

 

 

 

$

 

Vested

 

 

(211

)

 

$

1.10

 

Forfeited

 

 

(31

)

 

$

1.59

 

Non-vested at September 30, 2016

 

 

208

 

 

$

1.15

 

 

Share-Based Compensation Included in Unaudited Results of Operations

The Company’s share-based compensation is classified in the same expense line item as cash compensation. Information about share-based compensation included in the unaudited results of operations for the three and nine months ended September 30, 2016 and 2015 is as follows (in thousands):

 

 

 

For the Three Months Ended

September 30,

 

 

For the Nine Months Ended

September 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Officer compensation

 

$

33

 

 

$

24

 

 

$

99

 

 

$

70

 

Non-employee directors

 

 

16

 

 

 

11

 

 

 

48

 

 

 

34

 

Sales, general and administrative

 

 

21

 

 

 

19

 

 

 

78

 

 

 

52

 

Total stock option/warrant expense, included in

   total operating expenses

 

$

70

 

 

$

54

 

 

$

225

 

 

$

156