Note 4. Stockholders' Equity

3 Months Ended

Mar. 31, 2014

Notes to Financial Statements

Stockholders' Equity

Restricted Common Stock

On April 2, 2012, the Company issued grants for a total of 95,000 restricted shares of the Company’s common stock (the “Awards”) to its executive officers and certain other employees.  The Awards vest over periods up to two years as stated in the Award Agreements, and will accelerate in the event of a Corporate Transaction, as such term is defined in the Award Agreements. In the event a grantee’s relationship with the Company is terminated for any reason, vesting will immediately cease. These Awards are not part of the 2010 Equity Incentive Plan.  As of March 31, 2014, 6,875 of these shares of restricted stock were not yet vested.