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Stock-Based Compensation (Tables) | 9 Months Ended
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Sep. 30, 2014
Stock Options [Member] |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Schedule of Award Activity | The following table summarizes the Company's stock option activity for the nine months ended September 30, 2014:
|  | Number of Options |  |  | Weighted Average Exercise Price |  |  | Weighted Average Remaining Contractual Life (in Years) |  |  | Aggregate Intrinsic Value |
Outstanding - December 31, 2013 |  |  | - |  |  | $ | - |  |  |  | - |  |  | $ | - |
Granted in compensatory arrangements |  |  | 187,000 |  |  |  | 3.45 |  |  |  |  |  |  |  |  |
Issued as Merger consideration |  |  | 183,000 |  |  |  | 3.45 |  |  |  |  |  |  |  |  |
Exercised |  |  | - |  |  |  | - |  |  |  |  |  |  |  |  |
Forfeited or Canceled |  |  | (4,000 | ) |  |  | (3.45 | ) |  |  |  |  |  |  |  |
Outstanding – September 30, 2014 |  |  | 366,000 |  |  | $ | 3.45 |  |  |  | 9.6 |  |  | $ | 585,600 |
Exercisable – September 30, 2014 |  |  | 183,000 |  |  |  | 3.45 |  |  |  | 9.8 |  |  | $ | 292,800 |
Schedule of Unvested Award activity | A summary of the changes in the Company's unvested stock options is as follows:
|  | Number of Options |  |  | Weighted Average Grant Date Fair Value |
Unvested - December 31, 2013 |  |  | - |  |  | $ | - |
Granted in compensatory arrangements |  |  | 187,000 |  |  |  | 1.65 |
Issued as Merger consideration |  |  | 183,000 |  |  |  | 3.04 |  |  |  |
Vested |  |  | (183,000 | ) |  |  | (3.04 | )
Forfeited or Canceled |  |  | (4,000 | ) |  |  | 1.65 |
Unvested – September 30, 2014 |  |  | 183,000 |  |  | $ | 1.65 |
Stock Options [Member] | Certain directors, senior management and employees [Member] |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Schedule of Award Fair Value Assumptions |
Risk-free interest rate |  |  | 2.02 | %
Expected dividend yield |  |  | 0.00 | %
Expected volatility |  |  | 48.14 | %
Expected term |  | 6 years
Stock Options [Member] | Mr. Proman [Member] |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Schedule of Award Fair Value Assumptions |
Risk-free interest rate |  |  | 1.82 | %
Expected dividend yield |  |  | 0.00 | %
Expected volatility |  |  | 41.5 | %
Expected term |  | 5 years
Warrants [Member] |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Schedule of Award Activity | A summary of warrant activity for the nine months ended September 30, 2014 is as follows:
|  | Number of Warrants |  |  | Weighted Average Exercise Price |  |  | Weighted Average Remaining Contractual Life (in Years) |  |  | Aggregate Intrinsic Value |
Outstanding - December 31, 2013 |  |  | 131,250 |  |  | $ | 10.00 |  |  |  | 5.2 |  |  | $ | - |
Granted |  |  | 231,250 |  |  |  | 7.41 |  |  |  |  |  |  |  |  |
Exercised |  |  | - |  |  |  | - |  |  |  |  |  |  |  |  |
Forfeited or Canceled |  |  | - |  |  |  | - |  |  |  |  |  |  |  |  |
Outstanding – September 30, 2014 |  |  | 362,500 |  |  | $ | 8.34 |  |  |  | 4.8 |  |  | $ | 105,000 |
Exercisable – September 30, 2014 |  |  | 131,250 |  |  |  | 10.00 |  |  |  | 4.4 |  |  | $ | - |
Schedule of Unvested Award activity | A summary of the changes in the Company's unvested warrants is as follows:
|  | Number of Warrants |  |  | Weighted Average Grant Date Fair Value |
Unvested - December 31, 2013 |  |  | - |  |  | $ | - |
Granted |  |  | 231,250 |  |  |  | 7.41 |
Vested |  |  | (231,250 | ) |  |  | (1.87 | )
Forfeited or Canceled |  |  | - |  |  |  | - |
Unvested – September 30, 2014 |  |  | - |  |  | $ | - |
Schedule of Award Fair Value Assumptions | The fair value of the warrants was determined using the Black-Scholes option-pricing model with the following assumptions:
Risk-free interest rate |  |  | 1.82 | %
Expected dividend yield |  |  | 0.00 | %
Expected volatility |  |  | 41.5 | %
Expected term |  | 5 years

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- Definition Tabular disclosure of share-based compensation plans that may be presented in a single table for outstanding, vested and expected to vest, and exercisable awards. The information that may be disclosed in this table may include, but is not limited to, number of shares, weighted average exercise price, weighted average remaining contractual life, and aggregate intrinsic value. + References No definition available. + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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