Quarterly report pursuant to Section 13 or 15(d)

4. STOCKHOLDERS' EQUITY (Details 1)

v3.4.0.3
4. STOCKHOLDERS' EQUITY (Details 1)
3 Months Ended
Mar. 31, 2016
$ / shares
shares
Shares  
Outstanding at beginning of period | shares 1,464,203
Forfeited | shares (2,584)
Granted | shares 85,984
Outstanding at end of period and expected to vest | shares 1,547,603
Options exercisable | shares 994,085
Weighted Average Exercise Price  
Outstanding at beginning of period | $ / shares $ 8.02
Forfeited | $ / shares 8.25
Granted | $ / shares 5.97
Outstanding at end of period and expected to vest | $ / shares 7.91
Options exercisable | $ / shares $ 7.40