Quarterly report pursuant to sections 13 or 15(d)

Stock-based Compensation Plans and Awards (Tables)

v2.4.0.8
Stock-based Compensation Plans and Awards (Tables)
3 Months Ended
Mar. 31, 2014
Stock-based Compensation Plans and Awards [Abstract]  
Schedule of Fair Value Calculation Assumptions
    Three months ended March 31,
    2014   2013
         
Dividend yield   -   -
Risk-free interest rate   1.74% - 2.68%   0.83%-1.13%
Expected term (in years)   5-10   5-10
Volatility   66%   65%
Allocation of Stock Option Compensation Expense
    Three months ended
March 31,
 
    2014     2013  
             
Sales and marketing   $ 100,522     $ 24,686  
Research and development     87,947       19,655  
General and administrative     178,171       41,814  
    $ 366,640     $ 86,155