XML 45 R11.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stock Plans and Non-Qualified Option Agreement
6 Months Ended
Jun. 30, 2013
Stock Plans and Non-Qualified Option Agreement [Abstract]  
Stock Plans and Non-Qualified Option Agreement
4.
Stock Plans and Non-Qualified Option Agreement

The summary of the Company’s total Stock Plans and a Non-Qualified Stock Option Agreement (which has been forfeited) as of June 30, 2013 as compared to June 30, 2012, and changes during the periods then ended, are presented below.  The current year Company’s Plans consist of the 2004 and 2010 Stock Option Plans, and the 2003 Outside Directors Stock Plans:

  
Shares
  
Weighted Average
Exercise Price
 
Weighted Average
Remaining
Contractual Term
  
Aggregate
Intrinsic
Value
 
Options outstanding Janury 1, 2013
  
2,644,000
  
$
1.96
      
Granted
 
 
 
 
 
      
Exercised
 
 
   
    
$
 ─
 
Forfeited
  
(690,000
)
  
1.87
       
Options outstanding End of Period (1)
  
1,954,000
   
2.00
   
3.0
  
$
 ─
 
Options Exercisable at June 30, 2013(1)
  
1,754,000
  
$
2.05
   
2.9
  
$
 ─
 
Options Vested and expected to be vested at June 30, 2013
  
1,954,000
  
$
2.00
   
3.0
  
$
 ─
 
 
                
 
 
Shares
  
Weighted Average
Exercise Price
 
Weighted Average
Remaining
Contractual Term
  Aggregate
Intrinsic
Value
 
Options outstanding Janury 1, 2012
  
3,039,833
  
$
1.98
         
Granted
 
 
 
 
 
         
Exercised
 
 
 
 
 
      
$
 ─
 
Forfeited
  
(425,333
)
  
1.90
         
Options outstanding End of Period (2)
  
2,614,500
   
1.99
   
3.8
  
$
 ─
 
Options Exercisable at June 30, 2012(2)
  
2,064,500
  
$
2.13
   
3.0
  
$
 ─
 
Options Vested and expected to be vested at June 30, 2012
  
2,614,500
  
$
1.99
   
3.8
  
$
 ─
 

(1)
Options with exercise prices ranging from $1.10 to $2.95
(2)
Options with exercise prices ranging from $1.41 to $2.95