XML 53 R23.htm IDEA: XBRL DOCUMENT v2.4.0.6
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2012
Stock-Based Compensation [Abstract]  
Stock-based compensation expense
                                 
    Three months ended
September 30,
    Nine months ended
September 30,
 
    2012     2011     2012     2011  

Research and development expense

  $ 314,393     $ 343,845     $ 966,570     $ 1,304,846  

Selling, general and administrative expense

    452,760       320,539       1,260,574       1,308,265  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total employee stock-based compensation

  $ 767,153     $ 664,384     $ 2,227,144     $ 2,613,111  
   

 

 

   

 

 

   

 

 

   

 

 

 

Effect on basic and diluted net loss per share

  $ (0.03   $ (0.05   $ (0.09   $ (0.19
   

 

 

   

 

 

   

 

 

   

 

 

 
Stock option activity
                 
    Number of options     Weighted-average
exercise price ($) per share
 

Balance at June 30, 2012

    854,958       20.26  

Granted

    —         —    

Exercised

    —         —    

Cancelled

    (380,041     21.93  
   

 

 

         

Outstanding options at September 30, 2012

    474,917       18.91  
   

 

 

         
Summary of changes in unvested options
                         
    Number of options     Weighted-average
exercise price ($) per share
    Weighted-average
grant
date fair value ($) per option
 

Unvested options at June 30, 2012

    103,993       11.54       9.28  

Granted

    —         —         —    

Vested

    (14,466     12.04       9.71  

Cancelled

    (11,778     14.29       11.83  
   

 

 

                 

Unvested options at September 30, 2012

    77,749       11.04       8.82  
   

 

 

                 
Summary of changes in unvested restricted stock units
                 
    Number of RSUs     Weighted-average
grant
date fair value ($) per RSU
 

Unvested restricted stock units at June 30, 2012

    1,467,533       2.12  

Granted(1)

    52,000       2.15  

Vested

    (3,333     12.59  

Cancelled

    —         —    
   

 

 

         

Balance unvested at September 30, 2012

    1,516,200       2.10  
   

 

 

         

 

(1) 20,000 of these restricted stock units vest and convert into shares of our common stock after one year from the date of grant. 32,000 of these restricted stock units will vest and convert into shares of our common stock over a four year period from the date of grant; one-fourth of the award will vest on each grant date anniversary following the grant.
Summary of changes in Stock appreciation rights
         
    Number of SARs  

Outstanding at June 30, 2012

    115,187  

Granted

    —    

Exercised

    —    

Forfeited and expired

    (4,594 )
   

 

 

 

Outstanding SARs at September 30, 2012

    110,593  
   

 

 

 

SARs exercisable at September 30, 2012

    110,593