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Stock-Based Compensation Arrangements (Tables)
6 Months Ended
Jun. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Total Compensation Cost Recorded for Stock-Based Compensation
Total stock-based compensation is as follows:
 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
 
2013
 
2012
 
2013
 
2012
 
Stock option grants beginning of period
 
$
25,243
 
$
48,185
 
$
51,965
 
$
94,796
 
Stock-based arrangements during the period:
 
 
 
 
 
 
 
 
 
 
 
 
 
Stock option grants
 
 
3,061
 
 
3
 
 
6,110
 
 
3
 
Restricted stock issued:
 
 
 
 
 
 
 
 
 
 
 
 
 
Employee stock purchase plan
 
 
1,291
 
 
169
 
 
2,208
 
 
1,332
 
 
 
$
29,595
 
$
48,357
 
$
60,284
 
$
96,131
 
Common Stock Weighted Average Purchase Price
The following table details stock option and restricted stock activity for the six months ended June 30, 2013 and 2012:
 
 
 
 
Six Months Ended
 
 
June 30, 2013
 
 
Six Months Ended
 
 
June 30, 2012
 
 
 
Shares
 
Weighted Avg
Exercise
Price
 
Shares
 
Weighted Avg
Exercise
Price
 
Outstanding, beginning of period
 
 
2,302,000
 
$
1.06
 
 
2,228,067
 
$
1.14
 
Stock options granted
 
 
200,000
 
 
0.29
 
 
500
 
 
0.34
 
Stock options exercised
 
 
(2,000)
 
 
0.12
 
 
 
 
 
Restricted stock exercised
 
 
(2,500)
 
 
0.00
 
 
(2,500)
 
 
0.00
 
Canceled/Expired
 
 
(80,250)
 
 
1.58
 
 
(125,800)
 
 
0.59
 
Outstanding, end of period
 
 
2,417,250
 
$
.98
 
 
2,100,267
 
$
1.17
 
Exercisable, end of period
 
 
1,443,075
 
$
1.40
 
 
1,393,217
 
$
1.50