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Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2014
Employee Benefit Plans  
Assumptions made for the purpose of estimating fair value

 

                                                                                                                                                                                    

 

 

2014

 

2013

 

2012

Dividend yield:

 

0%

 

0%

 

0%

Expected term of options (years):

 

6

 

6

 

6

Risk free interest rate:

 

1.77% - 1.94%

 

0.93% - 1.70%

 

0.80% - 1.16%

Volatility:

 

107% - 114%

 

92% - 107%

 

80%

 

Schedule of Share-based Compensation, Stock Options, Activity

 

                                                                                                                                                                                    

 

 

Shares

 

Weighted
Average
Exercise
Price

 

Weighted
Average
Remaining
Contractual
Terms

 

Aggregate
Instrinsic
Value

 

Options outstanding at December 31, 2013

 

 

4,703,326

 

$

3.22

 

 

8.7

 

 

 

 

Granted

 

 

4,246,000

 

 

4.86

 

 

 

 

 

 

 

Exercised

 

 

(417,852

)

 

0.97

 

 

 

 

 

 

 

Forfeited

 

 

(143,053

)

 

5.25

 

 

 

 

 

 

 

Expired

 

 

(21,150

)

 

77.22

 

 

 

 

 

 

 

​  

​  

​  

​  

Options outstanding at December 31, 2014

 

 

8,367,271

 

$

3.94

 

 

8.7

 

 

7,865,235

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

Options exercisable at December 31, 2014

 

 

2,266,607

 

 

5.16

 

 

7.0

 

 

4,895,871

 

Options unvested at December 31, 2014

 

 

6,100,664

 

$

3.49

 

 

9.3

 

 

2,989,325

 

 

Nonvested Restricted Stock Shares Activity

 

                                                                                                                                                                                    

 

 

Shares

 

Aggregate
Instrinsic
Value

 

Unvested restricted stock at December 31, 2013

 

 

650,002

 

 

 

 

Granted

 

 

40,000

 

 

 

 

Vested

 

 

(216,666

)

 

 

 

​  

​  

​  

​  

Unvested restricted stock at December 31, 2014

 

 

473,336

 

$

1,420,008

 

​  

​  

​  

​  

​  

​  

​  

​  

​