v3.2.0.727
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2015
Summary of Stock Option Activity

The following table summarizes stock option activity during the six month period ended June 30, 2015:

 

     Number
of Shares
     Weighted
Average
Exercise
Price
     Weighted
Average
Remaining
Contractual
Term
     Average
Intrinsic
Value
 

Outstanding at January 1, 2015

     101,000       $ 5.31         

Granted

     —           —           

Exercised

     —           —           

Forfeited

     (37,000      7.29         
  

 

 

          

Outstanding and exercisable at June 30, 2015

  64,000    $ 4.17      4.8 years    $ 29,520   
  

 

 

          

Options vested and expected (as of June 30, 2015) to vest in the future

  64,000    $ 4.17      4.8 years    $ 29,520   
  

 

 

          
Summary of Restricted Share Activity

A summary of the status of the Company’s restricted share activity follows:

 

     Shares      Weighted
Average
Grant Date
Fair Value
 

Unvested restricted shares outstanding at January 1, 2015

     268,985       $ 3.43   

Granted

     —           —     

Vested

     (103,494      (3.44

Forfeited

     —           —     
  

 

 

    

Unvested at June 30, 2015

  165,491    $ 3.42