Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

v3.3.1.900
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Information Regarding Stock Option Plans

A summary of the status of the Company’s stock option plans as of December 31, 2015 and changes during the year then ended is as follows:

 

     Number of
Options
     Weighted-
Average
Exercise
Price
     Weighted-
Average
Remaining
Contractual
Life
     Aggregate
Intrinsic
Value
(in thousands)
 

Outstanding, December 31, 2014

     2,519,500       $ 2.00         9.96 years       $ —     

Granted

     305,329         2.47         

Exercised

     (5,000      2.00            1   

Forfeited

     (112,500      2.00         
  

 

 

    

 

 

       

 

 

 

Outstanding, December 31, 2015

     2,707,329       $ 2.05         9.17 years       $ 741   
  

 

 

    

 

 

       

 

 

 

Vested or expected to vest

     2,707,329       $ 2.05         9.17 years       $ 741   
  

 

 

    

 

 

       

 

 

 

Exercisable, December 31, 2015

     1,209,601       $ 2.06         9.17 years       $ 328