Quarterly report pursuant to Section 13 or 15(d)

Stock-based Compensation (Tables)

v3.7.0.1
Stock-based Compensation (Tables)
3 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

The following table summarizes the components of share-based compensation expense for the three months ended March 31, 2017 and 2016:

 

Stock-based compensation included in the Condensed Consolidated   Three Months Ended March 31,  
Statement of Operations:   2017     2016  
Direct operating costs   $ 2,777     $ 2,755  
General and administrative     125,291       478,566  
Research and development     1,279       1,747  
Selling and marketing     -       6,354  
Total stock-based compensation expense   $ 129,347     $ 489,422  

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award

The following table summarizes the RSU and restricted stock transactions related to the common stock under the Incentive Plan for the three months ended March 31, 2017:

 

Outstanding and unvested at January 1, 2017     406,959  
Granted     -  
Vested     (143,565 )
Forfeited     (20,168 )
Outstanding and unvested at March 31, 2017     243,226