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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of options outstanding by exercise price range

 

Options Outstanding   Options Exercisable  
Range of Exercise Price   Number Outstanding at 12/31/14     Weighted Average Remaining Contractual Life (years)     Weighted Average Exercise Price     Number Exercisable at 12/31/14     Weighted Average Exercise Price  
                               
$ 2.08 - $ 3.50     70,200       6.70     $ 2.61       -     $ -  
$ 3.51 - $ 5.00     1,221,000       4.33     $ 4.24       1,211,834     $ 4.25  
$ 5.01 - $ 6.50     245,000       5.57     $ 5.90       91,383     $ 5.62  
$ 6.51 - $ 10.00     170,000       3.79     $ 7.83       138,334     $ 7.93  
$ 10.01 - $ 86.25     3,200       0.01     $ 86.25       3,200     $ 86.25  
      1,709,400       4.54     $ 4.92       1,444,751     $ 4.87  

 

Summary of assumptions used to value stock options granted to employees and directors

 

     For the year
     ended December 31, 2014
     
 Annual dividend yield    -
 Expected life (years)    3.5
 Risk-free interest rate    0.28% - 1.47%
 Expected volatility    60.68% - 108.75%

 

     For the year
     ended December 31, 2013
     
 Annual dividend yield    -
 Expected life (years)    4.3
 Risk-free interest rate    0.65% - 2.15%
 Expected volatility    117% - 154%

  

     For the year
     ended December 31, 2012
     
 Annual dividend yield    -
 Expected life (years)    3.8 - 4.3
 Risk-free interest rate    0.43% - 0.62%
 Expected volatility    169% - 187%

 

Summary of stock-based compensation expense

  Years ended  
    December 31,  
    2014     2013     2012  
                   
Research and development   $ 510     $ 267     $ 315  
Sales and marketing     353       909       1,407  
General and administrative     866       1,480       1,777  
Stock compensation expense   $ 1,729     $ 2,656     $ 3,499  

       
      Remaining unamortized expense at 
December 31, 2014
 
  Stock-based compensation     $ 880  

 

Summary of all warrant activity

Outstanding and exercisable   Warrants     Weighted Average Exercise Price     Weighted Average 
Remaining Contractual Life
 
January 1, 2012     5,405,606     $ 1.57       2.45  
   Issued     -       -       -  
   Expired/forfeited     (232 )     31.75       -  
   Exercised     (700,738 )     1.18       -  
December 31, 2012     4,704,636       1.61       1.41  
   Issued     -       -       -  
   Expired/forfeited     -       -       -  
   Exercised     (3,876,063 )     1.45       -  
December 31, 2013     828,573       2.39       2.06  
   Issued     2,575,000       5.09       -  
   Expired/forfeited     (40,000 )     3.98       -  
   Exercised     (28,500 )     2.85       -  
Outstanding and exercisable, December 31, 2014     3,335,073     $ 4.45       0.93  

  

Employee Stock Option [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of all stock option plans / warrant activity

 

    Weighted 
Average 
Number of 
Shares
    Exercise Price 
Per Share
    Weighted-Average Exercise Price  
Outstanding at January 1, 2012     19,324     $ 35.39 – 368.75     $ 92.19  
                         
Granted     1,704,000     $ 4.02 – 6.28     $ 4.35  
Cancelled or expired     (8,124 )   $ 35.39 – 368.75     $ 69.36  
Exercised     --       --     $ --  
Outstanding, vested and expected to vest  at December 31, 2012     1,715,200     $ 4.02 – 125.00     $ 5.04  
                         
Granted     145,000     $ 5.54 - 7.70     $ 6.06  
Cancelled or expired     (18,256 )   $ 4.25- 125.00     $ 5.57  
Exercised     (241,361 )   $ 4.25 – 6.28     $ 4.39  
Outstanding, vested and expected to vest  at December 31, 2013     1,600,583     $ 4.02 – 122.50     $ 5.22  
                         
Granted     405,200     $ 2.08-8.21     $ 6.31  
Cancelled or expired     (296,383 )   $ 4.65- 122.50     $ 5.46  
Exercised     --     $ --     $ --  
Outstanding, vested and expected to vest  at December 31, 2014     1,709,400     $ 2.08 – 86.25     $ 4.92  

 

Warrant [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of all stock option plans / warrant activity

 

                         
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  
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                     3,335,073