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Stock-Based Compensation
6 Months Ended
Jun. 30, 2019
Share-based Payment Arrangement [Abstract]  
Stock-Based Compensation
Stock-Based Compensation
 
We maintain a stock-based compensation program intended to attract, retain and provide incentives for talented employees and directors and align stockholder and employee interests. Currently, we grant options and restricted stock units ("RSUs") from the 2010 Equity Compensation Plan (“2010 ECP”) and 2017 Equity Compensation Plan ("2017 ECP"). Option and RSUs vesting periods are generally up to three years and/or achieving certain financial targets.

Compensation Expense

For the three and six months ended June 30, 2019, we recorded stock-based compensation expense for all equity incentive plans of $49,823 and $146,693, respectively. For the three and six months ended June 30, 2018, we recorded stock-based compensation expense for all equity incentive plans of $289,950 and $667,797. Total compensation cost not yet recognized at June 30, 2019 was $866,528 to be recognized over a weighted-average recognition period of 1.44 years.

The following table summarizes the stock grants outstanding under our 2005 Long-Term Incentive Plan ("2005 LTIP"), the 2010 ECP and the 2017 ECP for the three months ended June 30, 2019:
 
Options Outstanding
 
RSUs Outstanding
 
Options and RSUs Exercised
 
Available Shares
 
Total
2017 ECP

 
846,273

 
41,664

 
1,412,063

 
2,300,000

2010 ECP
250,498

 
542,894

 
3,635,701

 
652,925

 
5,082,018

2005 LTIP (*)
13,748

 

 
950,085

 

 
963,833

Total
264,246

 
1,389,167

 
4,627,450

 
2,064,988

 
8,345,851


(*) Expired June 2015

The following table summarizes the activities of stock option awards under the 2005 LTIP and the 2010 ECP as of June 30, 2019:
 
Shares Subject to Options Outstanding
 
Number of Shares
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Term (in years)
 
Aggregate Intrinsic Value
Balance as of December 31, 2018
264,246

 
$
2.84

 
2.7

 
$
2,019

Stock options exercised

 
$

 

 

Balance as of June 30, 2019
264,246

 
$
2.84

 
2.7

 
$
2,019

Stock options exercisable as of June 30, 2019
264,246

 
$
2.84

 
2.7

 
$
2,019



The following table summarizes the activities for our unvested RSUs for the three months ended June 30, 2019:
 
Unvested RSUs
 
Number of Shares
 
Weighted Average Grant Date Fair Value
Unvested as of December 31, 2018
1,571,864

 
$
0.79

Granted
112,773

 
$
1.40

Vested
254,782

 
$
0.86

Forfeited
40,688

 
$
0.93

Unvested as of June 30, 2019
1,389,167

 
$
0.83