XML 20 R7.htm IDEA: XBRL DOCUMENT

SHARE-BASED COMPENSATION

3 Months Ended

Mar. 31, 2014

1.	SHARE-BASED COMPENSATION

Share-Based Compensation – Employees and Directors

For the three months ended March 31, 2014 and 2013, share-based compensation expense totaled approximately $2,000 and $13,000, respectively.

There was no related income tax benefit recognized because our deferred tax assets are fully offset by a valuation allowance.

We determine the fair value of option grant share-based awards at their grant date, using a Black-Scholes-Merton Option-Pricing Model.

During the three months ended March 31, 2014, no restricted stock units were granted or vested or forfeited; no options to purchase shares were granted or exercised or expired; no restricted stock awards were granted or exercised or forfeited. At March 31, 2014, options to purchase 519,500 shares of common stock with an average exercise price of $0.47 per share were outstanding.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References+ Details