Share-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2014

Share-Based Compensation Tables

Stock-based employee compensation expense

The following table shows the amount of share-based compensation expense included in the consolidated statements of operations:

		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2014		2013		2014		2013
Cost of contract revenue	$	-	$	-	$	-	$	4,000
Cost of product revenue		-		-		-		1,000
Research and development expense		(127,000)		(72,000)		(13,000)		88,000
Sales, marketing, general and administrative expense		328,000		168,000		519,000		388,000
Total share-based employee compensation expense	$	201,000	$	96,000	$	506,000	$	481,000

Options activity and positions

The following table summarizes shares, weighted average exercise price, weighted average remaining contractual term and aggregate intrinsic value of options outstanding and options exercisable as of June 30, 2014:

				Weighted
				Average
			Weighted	Remaining
			Average	Contractual		Aggregate
			Exercise	Term		Intrinsic
Options	Shares		Price	(years)		Value
Outstanding as of June 30, 2014	2,522,000	$	6.68	7.8	$	287,000
Exercisable as of June 30, 2014	929,000	$	14.67	5.4	$	70,000