Restructuring

On November 1, 2013, we undertook an initiative to refocus our business to GARP® development that resulted in an

adjustment of our workforce with less emphasis on oil and gas operations and greater emphasis on sales and marketing. In exchange for severance and non-compete agreements with the terminated employees, we recorded a restructuring charge of approximately $1,332,186 representing $376,365 of stock-based compensation from the accelerated vesting of equity awards and $955,821 of severance compensation and benefits to be paid during the twelve months ended December 31, 2014. Our current estimate of the remaining accrued restructuring charges as of September 30, 2014 is as follows:



Type of Cost	Balance at December 31, 2013		Payments			Adjustment to Cost			September 30, 2014
Salary continuation liability	$	615,721	$	(461,790	)	$	—		$	153,931
Incentive compensation costs	185,525		(185,525		)	—			—
Other benefit costs and employer taxes	154,575		(94,199		)	(39,000		)	21,376
Accrued restructuring charges	$	955,821	$	(741,514	)	$	(39,000	)	$	175,307