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STOCK OPTIONS (Tables)
12 Months Ended
Dec. 31, 2013
Stock Options Tables  
Summary of stock options and stock awards

The status of our stock options and stock awards are summarized as follows:

 

    Number    

Weighted

Average

 
   

Of

Options

   

Exercise

Price

 
             
Outstanding at December 31, 2011     1,532,846     $ 3.99  
                 
Granted     379,500     $ 2.90  
Exercised     (28,000 )   $ 0.70  
Cancelled     (4,885 )   $ 7.33  
Outstanding at December 31, 2012     1,879,461     $ 3.81  
                 
Granted     897,000     $ 2.36  
Reinstated     94,285     $ 7.00  
Exercised     (51,000 )   $ 1.38  
Cancelled     (352,700 )   $ 3.13  
Outstanding at December 31, 2013     2,467,046     $ 3.55  
                 
Exercisable at December 31, 2013     1,174,885     $ 4.34  
Summary of information about our options outstanding

         

Weighted

Average

     

Exercise

Prices

   

Number

Outstanding

 

Remaining

Contractual

Life

 

Options

Exercisable

 
                 
$ 2.13       125,000   1 year     125,000  
$ 2.25       319,000   2 years     319,000  
$ 2.41       30,000   1 year     30,000  
$ 2.93       35,000   2 years     35,000  
$ 2.95       2,500   1 year     2,500  
$ 6.93       20,000   3 years     20,000  
$ 7.10       12,125   5 years     11,410  
$ 7.18       50,000   6 years     50,000  
$ 7.33       131,190   6 years     95,603  
$ 7.68       7,500   5 years     7,500  
$ 8.66       97,857   5 years     86,071  
$ 6.60       500   6 years     500  
$ 8.32       68,214   6 years     39,285  
$ 7.85       7,500   6 years     4,286  
$ 6.00       30,000   7 years     -  
$ 7.45       100,000   7 years     100,000  
$ 3.08       10,000   7 years     4,287  
$ 2.46       74,160   7 years     48,926  
$ 1.89       50,000   7 years     21,429  
$ 2.80       10,000   8 years     2,857  
$ 2.81       15,000   8 years     4,286  
$ 2.79       46,000   9 years     20,667  
$ 2.54       228,500   9 years     58,500  
$ 3.79       100,000   9 years     20,000  
$ 6.00       50,000   10 years     27,778  
$ 2.50       10,000   10 years     -  
$ 2.97       42,000   10 years     20,000  
$ 2.20       45,000   10 years     20,000  
$ 2.09       750,000   10 years     -  
          2,467,046         1,174,885  

 

Number and weighted average grant-date fair values of options non-vested

The number and weighted average grant-date fair values of options non-vested at the beginning and end of 2013, as well as options granted, vested and forfeited during the year was as follows:

 

   

Number

Of

Options

   

Weighted

Average

Grant Date

Fair Value

 
Non-vested at January 1, 2013     646,567     $ 1.43  
Granted in 2013     897,000     $ 0.75  
Reinstated 2013     94,285     $ 3.32  
Vested in 2013     (340,691 )   $ 1.87  
Forfeited in 2013     (5,000 )   $ 0.95  
                 
Non-vested at December 31, 2012     1,292,161     $ 0.98  
Allocation of stock based compensation expense

Allocation of stock based compensation expense for the fiscal years ended December 31, 2013, 2012 and 2011 was as follows (in thousands):

 

    2012     2012     2011  
                   
Cost of sales   $ 12     $ 16     $ 16  
Research and development     34       37       11  
Salaries and related costs     460       108       105  
                         
Total   $ 506     $ 161     $ 132