Quarterly report pursuant to Section 13 or 15(d)

Common Stock (Tables)

v2.4.1.9
Common Stock (Tables)
3 Months Ended
Mar. 31, 2015
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Share-based Compensation, Activity
The following table summarizes the stock-based compensation expense from stock option awards, restricted common stock awards, employee stock purchase programs and warrants for the three months ended March 31, 2015 and 2014:
 
 
 
For the three months ended
March 31,
 
($ in thousands)
 
2015
 
2014
 
Employee awards
 
$
1,463
 
$
1,122
 
Non-employee awards
 
 
7
 
 
13
 
Total stock-based compensation expense
 
$
1,470
 
$
1,135
 
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes stock option activity:
 
 
 
Outstanding Options
 
Weighted
 
($ in thousands except per share amounts)
 
Number of
Shares
 
Weighted
Average
Exercise
Price
 
Total
Weighted
Average
Intrinsic
Value
 
Average
Remaining
Contractual
Life (in
years)
 
Options vested and expected to vest at December 31, 2014
 
 
2,164,365
 
$
4.69
 
$
—
 
 
7.38
 
Options granted
 
 
—
 
 
—
 
 
—
 
 
 
 
Options exercised
 
 
(100,000)
 
 
2.15
 
 
170
 
 
 
 
Options cancelled
 
 
—
 
 
—
 
 
—
 
 
 
 
Options vested and expected to vest at March 31, 2015
 
 
2,064,365
 
$
4.82
 
$
—
 
 
7.20
 
Options vested and exercisable
 
 
1,681,032
 
$
4.58
 
$
—
 
 
7.00
 
Nonvested Restricted Stock Shares Activity
The following table summarizes restricted stock award and restricted stock unit activity:
 
 
 
Restricted Stock
 
 
 
Number of
Shares
 
Weighted
Average Grant
Date
Fair Value
 
Unvested balance at December 31, 2014
 
 
8,287,384
 
$
2.33
 
Restricted stock granted
 
 
200,000
 
 
3.04
 
Restricted stock vested
 
 
(783,115)
 
 
2.43
 
Restricted stock units granted
 
 
61,000
 
 
2.34
 
Restricted stock units vested
 
 
(25,000)
 
 
2.19
 
Unvested balance at March 31, 2015
 
 
7,740,269
 
$
2.34