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NOTE 8 - STOCKHOLDERS' EQUITY | 12 Months Ended
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Dec. 31, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Text Block] | NOTE 8 - STOCKHOLDERS’ EQUITY STOCK SPLIT On March 27, 2012, the Board of Directors declared a 3-for-2 stock split, payable April 30, 2012 to the holders of record of our common stock as of the close of business on April 23, 2012. We made cash payments based upon the closing price of our shares on the record date in lieu of the issuance of fractional shares. All prior periods have been adjusted to reflect the impact of the stock split. SHARE REPURCHASE PROGRAM Pursuant to Asure’s stock repurchase plan, we may repurchase up to 450,000 shares of our common stock. We have repurchased a total of 256,000 shares for approximately $5.0 million over the life of the plan. Management will periodically assess repurchasing additional shares, depending on our cash position, market conditions, financial covenants and other factors. While the program remains in place, we did not repurchase any shares during 2012 or 2011. STOCK AND STOCK OPTION PLANS Asure has one active equity plan, the 2009 Equity Plan (the “2009 Plan”). The 2009 Plan provides for the issuance of non-qualified and incentive stock options to our employees and consultants. We generally grant stock options with exercise prices greater than or equal to the fair market value at the time of grant. The options generally vest over three to four years and are exercisable for a period of five to ten years beginning with date of grant. Our shareholders approved an amendment to the 2009 Plan in June 2012 to increase the number of shares reserved under the plan from 525,000 to 900,000. We have a total of 679,000 options granted and outstanding pursuant to the 2009 Plan as of December 31, 2012. Total compensation expense recognized in the Consolidated Statements of Comprehensive Income (Loss) for stock based awards was $88 and $81 for 2012 and 2011, respectively. The following table summarizes the assumptions used to develop their fair value for 2012 and 2011:
|  | Year Ended December 31, |
|  | 2012 |  |  | 2011 |
Risk-free interest rate |  |  | 0.350 | % |  |  | 0.875 | %
Expected volatility |  |  | 0.91 |  |  |  | 0.91 |
Expected life in years |  |  | 3.75 |  |  |  | 3.89 |
Dividend yield |  |  | - |  |  |  | - |
As of December 31, 2012, Asure had reserved shares of common stock for future issuance as follows:
Options outstanding |  |  | 679,000 |
Options available for future grant |  |  | 221,000 |
Shares reserved |  |  | 900,000 |
The following table summarizes activity under all Plans during 2012 and 2011.
|  | For the Twelve months ended December 31, 2012 |  |  | For the Twelve months ended December 31, 2011 |
|  |  |  |  | Weighted |  |  |  |  |  | Weighted |
|  |  |  |  | Average |  |  |  |  |  | Average |
|  |  |  |  | Exercise |  |  |  |  |  | Exercise |
|  | Shares |  |  | Price |  |  | Shares |  |  | Price |
Outstanding at the beginning of the year |  |  | 530,000 |  |  | $ | 2.35 |  |  |  | 270,000 |  |  | $ | 2.04 |
Granted |  |  | 260,000 |  |  |  | 6.42 |  |  |  | 470,000 |  |  |  | 2.40 |
Exercised |  |  | (37,000 | ) |  |  | 2.01 |  |  |  | (3,000 | ) |  |  | 2.09 |
Canceled |  |  | (74,000 | ) |  |  | 2.43 |  |  |  | (207,000 | ) |  |  | 2.08 |
Outstanding at the end of the year |  |  | 679,000 |  |  | $ | 3.16 |  |  |  | 530,000 |  |  | $ | 2.35 |
Options exercisable at the end of the year |  |  | 242,000 |  |  | $ | 2.32 |  |  |  | 122,000 |  |  | $ | 2.20 |
Weighted average fair value of options granted during the year |  |  | 6.42 |  |  |  |  |  |  |  | 1.27 |  |  |  |  |
The following table summarizes the outstanding and exercisable options and their exercise prices as of December 31, 2012:
|  |  | OPTIONS OUTSTANDING |  |  | OPTIONS EXERCISABLE |
RANGE OF EXERCISE PRICES |  |  | NUMBER OUTSTANDING AT DECEMBER 31, 2012 |  |  | WEIGHTED-AVERAGE REMAINING CONTRACTUAL LIFE (YEARS) |  |  | WEIGHTED-AVERAGE EXERCISE PRICE |  |  | NUMBER EXERCISABLE AND VESTED AT DECEMBER 31, 2011 |  |  | WEIGHTED-AVERAGE EXERCISE PRICE |
$ | 1.50--2.11 |  |  |  | 60 |  |  |  | 4.33 |  |  | $ | 2.02 |  |  |  | 28 |  |  | $ | 1.93 |
| 2.33—2.33 |  |  |  | 467 |  |  |  | 3.49 |  |  |  | 2.33 |  |  |  | 208 |  |  |  | 2.33 |
| 2.57—6.42 |  |  |  | 153 |  |  |  | 5.02 |  |  |  | 6.12 |  |  |  | 6 |  |  |  | 3.72 |
$ | 1.50—6.42 |  |  |  | 679 |  |  |  | 3.91 |  |  | $ | 3.16 |  |  |  | 242 |  |  | $ | 2.32 |
The aggregate intrinsic value of options outstanding and options exercisable is $1,917 and $859, respectively, at December 31, 2012.

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- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Statement of Position (SOP) -Number 93-6 -Paragraph 53 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 40 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 123R -Paragraph 64, 65, A240 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901 + Details
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