Quarterly report pursuant to Section 13 or 15(d)

Stock-based compensation (Tables)

v2.4.0.6
Stock-based compensation (Tables)
 3 Months Ended
Mar. 31, 2013
Tecogen
  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Stock Option Activity
Stock option activity for the three months ended March 31, 2013 was as follows: 
Common Stock Options
Number of
Options
 
Exercise
Price
Per
Share
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Life
 
Aggregate
Intrinsic
Value
Outstanding, December 31, 2012
4,386,000

 
 $0.03-$0.80

 
$
0.49

 
4.66 years

 
$
1,356,400

Granted
—

 
—

 
—

 
—

 
—

Exercised
—

 
—

 
—

 
—

 
—

Canceled and forfeited
—

 
—

 
—

 
—

 
—

Expired
—

 
—

 
—

 
—

 
—

Outstanding, March 31, 2013
4,386,000

 
 $0.03-$0.80

 
$
0.49

 
4.41 years

 
$
1,356,400

Exercisable, March 31, 2013
3,249,250

 
 
 
$
0.43

 
 
 
$
1,201,075

Vested and expected to vest, March 31, 2013
4,386,000

 
 
 
$
0.49

 
 

 
$
1,356,400

Schedule of Restricted Stock Activity
Restricted stock activity for the three months ended March 31, 2013 as follows: 
 
Number of
Restricted
Stock
 
Weighted
Average
Grant Date
Fair Value
Unvested, December 31, 2012
1,596,280

 
$
0.36

Granted
—

 
—

Vested
—

 
—

Forfeited
—

 
—

Unvested, March 31, 2013
1,596,280

 
$
0.36

Ilois
  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Stock Option Activity
Stock option activity relating to Ilios for the three months ended March 31, 2013 was as follows: 
Common Stock Options
Number of
Options
 
Exercise
Price
Per
Share
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Life
 
Aggregate
Intrinsic
Value
Outstanding, December 31, 2012
575,000

 
$0.10-$0.50

 
$
0.29

 
7.44 years
 
$
120,000

Granted
—

 
—

 
—

 
 
 
 
Exercised
—

 
—

 
—

 
 
 
 
Canceled and forfeited
—

 
—

 
—

 
 
 
 
Expired
—

 
—

 
—

 
 
 
 
Outstanding, March 31, 2013
575,000

 
$0.10-$0.50

 
$
0.29

 
7.19 years
 
$
120,000

Exercisable, March 31, 2013
56,250

 
 

 
$
0.50

 
 
 
$
—

Vested and expected to vest, March 31, 2013
575,000

 
 

 
$
0.29

 
 
 
$
120,000

Schedule of Restricted Stock Activity
Restricted stock activity for the Ilios awards, for the three months ended March 31, 2013 was as follows: 
 
Number of
Restricted
Stock
 
Weighted
Average
Grant Date
Fair Value
Unvested, December 31, 2012
510,000

 
$
0.26

Granted
—

 
—

Vested
—

 
—

Forfeited
—

 
—

Unvested, March 31, 2013
510,000

 
$
0.26


 
Total stock-based compensation expense for the three months ended March 31, 2013 and 2012 was $57,638 and $95,053, respectively. At March 31, 2013, the total compensation cost related to unvested restricted stock awards and stock option awards not yet recognized is $195,718. This amount will be recognized over a weighted average period of 2.57 years. No tax benefit was recognized related to the stock-based compensation recorded during the periods.