Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v2.4.1.9
STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2015
Stock-Based Compensation Tables  
Schedule of stock option

  2015   2014

Risk-free interest rates

Expected option life in years

Expected stock price volatility

Expected dividend yield

1.39%

5 years

30.24%

-0-

 

1.65%

5 years

42.65%

-0-

Schedule of information of stock options outstanding and exercisable

The following table presents information relating to all stock options outstanding and exercisable at March 31, 2015:

 

            Weighted        
        Weighted   Average       Weighted
Range of       Average   Remaining       Average
Exercise   Options   Exercise   Life in   Options   Exercise
    Price       Outstanding       Price           Years       Exercisable       Price    
                     
$0.83 - $2.34   3,055,000      $1.30   2.86   2,679,170   $   1.23

 

Outstanding warrants to puchase shares

As of March 31, 2015, the following are the outstanding warrants to purchase shares of the Company's common stock:

 

  Number of   Exercise    
  Warrants   Price   Expiration Date
           
  250,000   $2.10   May 21, 2018
  250,000   $1.40   May 21, 2018
  125,000   $2.10   July 26, 2018
  125,000   $1.40   July 26, 2018
Total     750,000