Quarterly report pursuant to Section 13 or 15(d)

Stockholder's Equity (Tables)

v2.4.1.9
Stockholder's Equity (Tables)
3 Months Ended
Feb. 28, 2015
Significant Option Groups Outstanding and Exercisable Option and its Price and Contractual Life

Significant option groups exercisable at February 28, 2015 and related price and contractual life information are as follows:

 

     Outstanding      Exercisable  

Range of Exercise

Prices

   Outstanding      Weighted Average
Remaining Contractual
Life (Years)
     Weighted Average
Exercise Price
     Outstanding      Weighted Average
Exercise Price
 

$0.42 to $1.00

     2,500         .45       $ 0.68         2,500       $ 0.68   

$1.01 to $ 2.00

     469,264         6.20       $ 1.72         468,431       $ 1.72   

$2.01 to $ 3.00

     519,667         5.11       $ 2.53         504,873       $ 2.53   
  

 

 

          

 

 

    
  991,431      5.61    $ 2.14      975,804    $ 2.14   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
Summary of Non-Vested Options

A summary of the status of the Company’s non-vested options as of February 28, 2015, and changes during the three months ended February 28, 2015, is presented below:

 

     Options      Weighted Average
Grant-Date
Fair Value
 

Non-vested at November 30, 2014

     27,083       $ 1.64   

Granted

     —           —     

Vested

     (11,456      1.67   

Forfeited

     —           —     
  

 

 

    

Non-vested at February 28, 2015

  15,627    $ 1.61   
  

 

 

    

 

 

 
Service-Based Vesting Condition Options [Member]  
Stock Option Activity for Options

Stock option activity for the three months ended February 28, 2015, was as follows:

 

     Options      Weighted
Average
Exercise
Price
     Weighted
Average
Remaining
Contractual
Life (Years)
     Aggregate
Intrinsic
Value
 

Outstanding at November 30, 2014

     997,266       $ 2.14         5.84       $ 661,466   

Granted

     —           —              —     

Exercised

     —           —              —     

Expired/forfeited

     5,835         2.26            1,125   
  

 

 

          

Outstanding at February 28, 2015

  991,431    $ 2.14      5.61    $ 414,408   
  

 

 

    

 

 

    

 

 

    

 

 

 

Exercisable at February 28, 2015

  975,804    $ 2.14      5.61    $ 412,827