XML 67 R27.htm IDEA: XBRL DOCUMENT v2.4.0.8
Share-based Compensation (Tables)
3 Months Ended
Mar. 31, 2014
Stock based Compensation and Stock Option Plan [Abstract]  
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan
The Company has recognized share-based compensation expense of approximately $8 thousand and $36 thousand for the three months ended March 31, 2014 and 2013, respectively. The total non-cash, share-based compensation expense included in the unaudited condensed consolidated statements of operations for the periods presented is included in the following expense categories:
 
Three Months Ended March 31,
(in thousands)
2014
 
2013
 
 
 
 
Cost of contract research, services
$

 
$
5

Cost of goods sold

 
3

Administrative and selling
8

 
28

Total share-based compensation
$
8

 
$
36


No share-based compensation expense was capitalized during the three months ended March 31, 2014 and 2013. Compensation expense related to stock options to be charged in future periods amounts to approximately $10 thousand at March 31, 2014 and will be recognized over a weighted-average period of 0.35 years as follows:
 
For the years ended December 31,
 
Expected
Compensation Expense
 
 
(in thousands)
2014
 
$
10

 
 
$
10


Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value
A summary of options outstanding under the Plans as of March 31, 2014 and changes during the three-month period ended March 31, 2014 is as follows:
 
Number of Shares
 
Weighted-Average Exercise Price
 
Average Remaining Contractual Life (Years)
 
Aggregate Intrinsic Value (in thousands)
Options Outstanding at December 31, 2013
527,246

 
$
5.88

 
 
 
 
   Granted

 
$

 
 
 
 
   Exercised

 
$

 
 
 
 
   Cancelled/expired
(5,000
)
 
$
6.24

 
 
 
 
Options outstanding at March 31, 2014
522,246

 
$
5.87

 
4.95
 
$
30

Options vested and exercisable at March 31, 2014
509,746

 
$
5.91

 
4.91
 
$
30

Option vested and expected to vest at March 31, 2014
521,802

 
$
5.90

 
4.91
 
$

Options available for future grant at March 31, 2014
483,759