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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock-based Compensation Expense

The following table summarizes the stock-based compensation expense, net of amounts capitalized, we recorded in our Unaudited Condensed Consolidated Statements of Operations for the three and nine-month periods ended September 30, 2016 and 2015, respectively, by classification:

 

    Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
Statement of Operations Classification   2016     2015     2016     2015  
Costs of revenue   $ 2,200     $ 2,100     $ 5,400     $ 7,100  
Selling and marketing expense     4,600       75,600       69,000       134,400  
General and administrative expense     40,500       121,700       135,500       420,300  
Research and development expense     26,400       25,800       93,500       75,800  
    $ 73,700     $ 225,200     $ 303,400     $ 637,600  

Summary of Status and Activity of Stock Option Awards

The following table presents summaries of the status and activity of our stock option awards for the three-month period ended September 30, 2016.

 

    Number of
Shares
    Weighted
Average
Exercise
Price
    Weighted Average
Remaining Contractual
Terms (Years)
    Aggregate
Intrinsic
Value
 
Outstanding – June 30, 2016     696,189     $ 2.63                  
Granted                              
Exercised     (1,800 )     0.81                  
Forfeited or expired     (6,667 )     2.7                  
Outstanding – September 30, 2016     687,722     $ 2.63       6.22        

 

The following table presents summaries of the status and activity of our stock option awards for the nine-month period ended September 30, 2016.

 

    Number of
Shares
    Weighted
Average
Exercise
Price
    Weighted Average
Remaining Contractual
Terms (Years)
    Aggregate
Intrinsic
Value
 
Outstanding – December 31, 2015     705,990     $ 2.63                  
Granted                              
Exercised     (1,800 )     0.81                  
Forfeited or expired     (16,468 )     2.81                  
Outstanding – September 30, 2016     687,722     $ 2.63       6.22        

Summary of Status and Activity of Restricted Stock Awards

The following table presents summaries of the status and activity of our restricted stock awards for the three-month period ended September 30, 2016. We include the common stock underlying the restricted stock award in shares outstanding once such common stock has vested and the restriction has been removed (“releases” or “released”). The common stock vests ratably, over a 33-month period commencing in the fourth month after the award date.

 

    Number of
Shares
    Weighted
Average
Grant Date
Fair Value
    Weighted Average
Remaining Recognition
Period (Years)
    Unrecognized
Compensation
Cost
Remaining
 
Unreleased – June 30, 2016     106,901     $ 2.06                  
Awarded     -       -                  
Released     (40,880 )     2.24                  
Forfeited     (66,021 )     1.91                  
Outstanding – September 30, 2016                        

 

The following table presents summaries of the status and activity of our restricted stock awards for the nine-month period ended September 30, 2016.

 

    Number of
Shares
    Weighted
Average
Grant Date
Fair Value
    Weighted Average
Remaining Recognition
Period (Years)
    Unrecognized
Compensation
Cost
Remaining
 
Unreleased – December 31, 2015     106,586     $ 2.31                  
Awarded     35,000       1.65                  
Released     (71,429 )     2.31                  
Forfeited     (70,157 )     1.91                  
Outstanding – September 30, 2016