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Note 12 - Subsequent Event
12 Months Ended
Dec. 31, 2014
Subsequent Events [Abstract]  
Subsequent Event

NOTE 12 — Subsequent Events

 

On March 23, 2015, the Company signed a Business Financing Modification Agreement by and between the Company and Bridge Bank to extend the expiration date of a revolving credit line agreement for the domestic (U.S. based) portion of the line from February 27, 2016 to February 27, 2017. All other terms of the revolving credit line agreement remain unchanged.

 

As of March 23, 2015, 201,200 stock options at a weighted average grant price of $2.27 per share have been granted from the 2004 Plan subsequent to December 31, 2014.

 

As of March 23, 2015, the Company has issued 140,379 shares of common stock for the exercise of warrants and stock options.