Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.4.0.3
STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
The following table summarizes the components of share-based compensation expense for the three months ended March 31, 2016 and 2015:
 
Stock-based compensation included in the Condensed Consolidated
 
Three Months Ended March 31,
 
Statement of Operations:
 
2016
 
2015
 
Direct operating costs
 
$
2,755
 
$
4,640
 
General and administrative
 
 
478,566
 
 
120,996
 
Research and development
 
 
1,747
 
 
1,213
 
Selling and marketing
 
 
6,354
 
 
-
 
      Total stock-based compensation expense
 
$
489,422
 
$
126,849
 
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]
The following table summarizes transactions for RSUs and restricted stock under the 2014 Plan for the three months ended March 31, 2016:
 
Outstanding and unvested at January 1, 2016
 
 
386,733
 
Granted
 
 
413,200
 
Forfeited
 
 
(336,333)
 
Outstanding and unvested at March 31, 2016
 
 
463,600