XML 29 R22.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 5 - Stock Based Compensation (Tables)
6 Months Ended
Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
    For the six months ended  
   

June 30, 2014

 
         

Expected volatility

    44.0% - 50.1%  

Expected term (in years)

    3.2 -3.3  

Risk-free rate

    0.74%-1.05%  

Expected dividends

    0%  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
           

Weighted 

 
   

Number of

Options

   

Average

Exercise Price

 

Outstanding as of January 1, 2014

    2,643,500     $ 1.13  

Issued

    208,000     $ 3.55  

Exercised

    (110,500)     $ 1.16  

Forfeited

    (126,000)     $ 2.04  

Expired

    -       -  

Outstanding as of June 30, 2014

    2,615,500     $ 1.27  
                 

Exercisable as of June 30, 2014

    1,550,996     $ 1.12  
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
Range of Exercise Prices  

Stock Options

Outstanding

   

Weighted

Average

Exercise

Price

   

Weighted

Average

Remaining

Contractual Life

 

$0.55 - $1.00

    197,000     $ 0.75       4.13  

$1.01 - $1.50

    2,076,500     $ 1.09       7.42  

$1.51 - $5.80

    341,500     $ 2.69       8.32  

Total

    2,615,000     $ 1.27       7.29  
   

Stock

Options

   

Weighted

Average

 

Range of Exercise Prices

 

Exercisable

   

Exercise Price

 
                 

$0.55 - $1.00

    197,000     $ 0.75  

$1.01 - $1.50

    1,215,330     $ 1.12  

$1.51 - $5.80

    138,666     $ 1.67  

Total

    1,550,996     $ 1.12  
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]
   

Number of

Restricted Stock

   

Weighted Average

Exercise Price

 

Non-vested balance at January 1, 2014

    246,001     $ 2.64  
                 

Changes during the period:

               

Shares granted

    -       -  

Shares vested

    (29,334 )     1.00  

Shares forfeited

    -       -  
                 

Non-vested balance at June 30, 2014

    216,667     $ 2.86