Note 5 - Severance Liability

6 Months Ended

Jun. 30, 2014

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

5. Severance Liability

During 2012, we entered into a separation agreement and a release with our former Chief Executive Officer and member of our board of directors, and in 2013 we entered into a separation agreement and a release with a former vice president level employee. Under the terms of these agreements and releases, we agreed to provide each individual with salary continuation and medical coverage payments for predetermined lengths of time. In addition, we agreed to provide the former Chief Executive Officer with certain stock option benefits including the grant of an additional stock option, accelerated vesting of all then-outstanding options previously granted to him, and an extension of the post-employment exercise period for all of his options, including the newly granted one. All costs associated with the modification of his options and the costs of the new option grant were immediately recognized upon his separation.

The following table summarizes the salary continuation and medical coverage payments during the three-month period ended June 30, 2014.

	Compensation			Medical Coverage		Total
Balance at March 31, 2014	$	16,700		$	—	$	16,700
Accrued interest		200			—		200
Payments		(16,900	)		—		(16,900	)
Balance at June 30, 2014	$	—		$	—	$	—

The following table summarizes the salary continuation and medical coverage payments during the six-month period ended June 30, 2014.

	Compensation			Medical Coverage		Total
Balance at December 31, 2013	$	62,900		$	—	$	62,900
Accrued interest		1,700			—		1,700
Payments		(64,600	)		—		(64,600	)
Balance at June 30, 2014	$	—		$	—	$	—