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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of assumptions used to value stock options granted to employees and directors

 

   For the six months ended 
  June 30, 
2014
 
    
Annual dividend yield  - 
Expected life (years)  1.50 - 4.30 
Risk-free interest rate  0.27% - 1.47% 
Expected volatility  61% - 109% 

  

Summary of stock-based compensation expense

  

  Three months ended 
June 30,
  Six months ended  
June 30,
 
  2014  2013  2014  2013 
Product research and development $92  $58  $360  $118 
Sales and marketing  76   194   251   385 
General and administrative  175   501   804   836 
Total stock based compensation expense $343  $753  $1,415  $1,339 

 

  

Remaining unamortized

expense at

June 30,

2014

 
Stock-based compensation $1,657 

 

Summary of all warrant activity

 

  June 30, 2014 
Outstanding and exercisable Warrants  Weighted Average Exercise Price  Weighted Average 
Remaining Contractual Life
 
January 1, 2014  828,573  $2.39   2.06 
   Granted  2,575,000   5.09   - 
   Expired/cancelled  (20,000)  4.05   - 
   Exercised  (28,500)  2.85   - 
Outstanding and exercisable, June 30, 2014  3,355,073  $4.45   1.44 
Summary of outstanding warrants to purchase common stock

 

Description  Issue 
Date
   Exercise Price   Shares    Expiration Date 
                 
August 2009 Employee Warrants  8/25/2009  $0.50   80,000   8/25/2016 
2007 Debt Extension Warrants  9/22/2010  $1.00   16,000   9/22/2015 
December 2010 Employee Warrants  12/3/2010  $1.63   200,000   12/3/2015 
February 2011 Legal Advisor Warrant  2/22/2011  $2.50   80,000   2/22/2016 
March  2011 Investor Warrants  3/9/2011  $3.13   349,973   3/9/2016 
March  2011 Investor Warrants  4/7/2011  $3.13   34,100   4/7/2016 
September 2011 Employee Warrant  9/12/2011  $3.90   20,000   9/12/2014 
May 2014 Agent Warrant  5/15/2014  $5.09   75,000   11/15/2015 
May 2014 Investor Warrant  5/15/2014  $5.09   2,500,000   11/15/2015 
Total Warrants Outstanding          3,355,073     

  

Stock Options [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of all stock option plans / warrant activity
 Number of Options Outstanding   Weighted Average Exercise Price 
Outstanding at January 1, 2014  1,600,583   $5.22 
Granted  335,000    7.09 
Expired  (600)    58.25 
Outstanding at June 30, 2014  1,934,983   $5.53