NOTE K – STOCK-BASED COMPENSATION

 

For the three and nine months ended September 30, 2013, stock-based compensation expense was $0.6 million and $1.3 million respectively, and for the three and nine months ended September 30, 2012, stock-based compensation was $0.3 million and $1.1 million respectively. Total unrecognized compensation related to unvested stock-based awards granted to employees and members of our board of directors at September 30, 2013, net of estimated forfeitures, is $5.8 million and is expected to be recognized over a weighted-average period of 3.1 years.