| Schedule of Option Activity |
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Number of Shares |
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|
Weighted Average |
|
Weighted Average Remaining |
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|
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Subject to Option |
|
|
Exercise Price |
|
Contractual Term (Years) |
|
Aggregate Intrinsic Value |
|
| Balance at December 31, 2012 |
|
1,117,899 |
|
|
$ |
9.03 |
|
3.7 |
|
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|
|
| |
|
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|
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| Granted |
|
499,700 |
|
|
$ |
5.26 |
|
|
|
|
|
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| Cancelled |
|
(64,500 |
) |
|
$ |
12.81 |
|
|
|
|
|
|
| Exercised |
|
(72,500 |
) |
|
$ |
4.83 |
|
|
|
|
|
|
| Balance at December 31, 2013 |
|
1,480,599 |
|
|
$ |
7.80 |
|
5.2 |
|
|
|
|
| |
|
| Granted |
|
209,750 |
|
|
$ |
5.19 |
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|
|
|
|
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| Cancelled |
|
(104,750 |
) |
|
$ |
7.83 |
|
|
|
|
|
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| Exercised |
|
(14,800 |
) |
|
$ |
5.56 |
|
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|
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| Balance at December 31, 2014 |
|
1,570,799 |
|
|
$ |
7.49 |
|
5.2 |
|
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|
|
| |
|
| Granted |
|
204,000 |
|
|
$ |
5.26 |
|
|
|
|
|
|
| Cancelled |
|
(367,793 |
) |
|
$ |
7.70 |
|
|
|
|
|
|
| Exercised |
|
- |
|
|
$ |
- |
|
|
|
|
|
|
| Balance at December 31, 2015 |
|
1,407,006 |
|
|
$ |
7.11 |
|
6.2
|
|
$ |
232,000 |
|
| |
Number of Shares Underlying |
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|
|
|
|
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Warrants and Non- Employee |
|
|
Weighted Average |
|
| |
Options Granted |
|
|
Exercise Price |
|
| Balance at December 31, 2012 |
|
1,512,103 |
|
|
$ |
5.56 |
|
| |
|
| Exercised |
|
(107,483 |
) |
|
|
4.45 |
|
| Terminated |
|
(25,000 |
) |
|
|
9.00 |
|
| Issued |
|
- |
|
|
|
- |
|
| Balance at December 31, 2013 |
|
1,379,620 |
|
|
$ |
5.58 |
|
| |
|
| Exercised |
|
(50,000 |
) |
|
|
4.45 |
|
| Terminated |
|
- |
|
|
|
- |
|
| Issued |
|
24,000 |
|
|
|
6.58 |
|
| Balance at December 31, 2014 |
|
1,353,620 |
|
|
$ |
5.64 |
|
| |
|
| Exercised |
|
(137,174 |
) |
|
|
4.73 |
|
| Terminated |
|
(426,083 |
) |
|
|
6.09 |
|
| Issued |
|
- |
|
|
|
- |
|
| Balance at December 31, 2015 |
|
790,363 |
|
|
$ |
5.56 |
|
|