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COMMON STOCK OPTIONS
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3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2014
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| Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| COMMON STOCK OPTIONS |
NOTE 7 COMMON STOCK OPTIONS
During the three months ended December 31, 2014, the Company recognized $362,028 of expense related to vested options that were granted in prior years. Unamortized option expense as of December 31, 2014 for all options outstanding amounted to approximately $2,542,130.
Below is a table summarizing the options issued and outstanding as of December 31, 2014:
As of December 31, 2014, the outstanding options have an intrinsic value of approximately $6.9 million. |
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