Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

v3.5.0.2
Stock Based Compensation (Tables)
9 Months Ended
Sep. 30, 2016
Stock Options [Member] | Directors, officers and employees [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of summarizes of option activity

            Outstanding Stock Options  
      Options Available for Grant     Number of Options     Weighted
Average
Exercise Price
per Option
    Weighted
Average Grant
Date Fair Value
 per Option
    Weighted
Average
Remaining
Exercise Term
in Months
 
  Balance, December 31, 2014     80,907       1,667,068     $ 2.34     $ 1.52       41  
  Additional stock reserved     1,120,000       -     $ -     $ -       -  
  Granted     (443,436 )     443,436     $ 1.93     $ 1.29       55  
  Exercised     -       (130,070 )   $ 1.30     $ 0.75       -  
  Forfeited     -       -     $ -     $ -       -  
  Expired     -       -     $ -     $ -       -  
  Balance December 31, 2015     757,471       1,980,434     $ 2.21     $ 1.46       49  
  Additional stock reserved     500,000       -     $ -     $ -       -  
  Granted     (794,500 )     794,500     $ 6.38     $ 2.82       58  
  Exercised     -       (120,250 )   $ 1.70     $ 0.46       -  
  Forfeited     -       -     $ -     $ -       -  
  Expired     -       -     $ -     $ -       -  
  Balance September 30, 2016     462,971       2,654,684     $ 2.46     $ 1.53       43  
 
Stock Options [Member] | Consultants [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of summarizes of option activity

            Outstanding Stock Options  
      Options Available for Grant     Number of Options     Weighted
Average
Exercise Price
per Option
    Weighted
Average Grant
Date Fair Value
 per Option
    Weighted
Average
Remaining
Exercise Term
in Months
 
  Balance, December 31, 2014     39,327       399,273     $ 1.27     $ 1.31       50  
  Additional stock reserved     -       -     $ -     $ -       -  
  Granted     -       -     $ -     $ -       -  
  Exercised     -       (32,524 )   $ 0.10     $ 0.98       -  
  Forfeited     59,976       (59,976 )   $ -     $ -       -  
  Expired     -       -     $ -     $ -       -  
  Balance December 31, 2015     99,303       306,773     $ 0.36     $ 1.01       41  
  Additional stock reserved     -       -     $ -     $ -       -  
  Granted     (9,000 )     9,000     $ 4.99     $ 0.44       52  
  Exercised     -       (62,500 )   $ 0.63     $ 0.72       -  
  Forfeited     -       -     $ -     $ -       -  
  Expired     -       -     $ -     $ -       -  
  Balance September 30, 2016     90,303       253,273     $ 0.49     $ 1.05       37  
 
Warrant [Member] | Placement agent and consultants [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of summarize of warrant activity

 

            Outstanding Warrants  
      Warrants Available for Grant     Number of Warrants     Weighted
Average
Exercise Price
per Warrant
    Weighted
Average Grant
Date Fair Value
 per Warrant
    Weighted
Average
Remaining
Exercise Term
in Months
 
  Balance, December 31, 2014     274,098       410,149     $ 3.59     $ 1.51       14  
  Additional stock reserved     -       -     $ -     $ -       -  
  Granted     (63,871 )     63,871     $ 1.40     $ 1.17       59  
  Exercised     -       (161,719 )   $ 2.36     $ 1.09       -  
  Forfeited     -       (5,478 )   $ -     $ -       -  
  Expired     -       -     $ -     $ -       -  
  Balance December 31, 2015     210,227       306,823     $ 2.79     $ 1.26       9  
  Additional stock reserved     -       -     $ -     $ -       -  
  Granted     -       -     $ -     $ -       -  
  Exercised     -       (87,255 )   $ 2.79     $ 0.40       -  
  Forfeited     -       -     $ -     $ -       -  
  Expired     -       (20,267 )   $ 6.00     $ 2.73       -  
  Balance September 30, 2016     210,227       199,301     $ 2.56     $ 1.16       17  
 
Warrant [Member] | Directors and officers [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of summarize of warrant activity

            Outstanding Warrants  
      Warrants Available for Grant     Number of Warrants     Weighted
Average
Exercise Price
per Warrant
    Weighted
Average Grant
Date Fair Value
 per Warrant
    Weighted
Average
Remaining
Exercise Term
in Months
 
  Balance, December 31, 2014     348,925       338,925     $ 17.83     $ 0.95       9  
  Additional stock reserved     -       -       -       -       -  
  Granted     -       -       -       -       -  
  Exercised     -       -       -       -       -  
  Forfeited     -       -       -       -       -  
  Expired     -       -       -       -       -  
  Balance December 31, 2015     348,925       338,925     $ 20.00     $ 1.02       4  
  Additional stock reserved     -       -       -       -       -  
  Granted     -       -       -       -       -  
  Exercised     -       -       -       -       -  
  Forfeited     -       -       -       -       -  
  Expired     -       -       -       -       -  
  Balance September 30, 2016     348,925       338,925     $ 20.00     $ 1.02       4