Annual report pursuant to Section 13 and 15(d)

Stock Based Compensation (Tables)

v3.3.1.900
Stock Based Compensation (Tables)
12 Months Ended
Dec. 31, 2015
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  
      Shares Available for Grant     Number of Shares     Weighted
Average
Exercise Price
per Share
    Weighted
Average Grant
Date Fair Value
 per Share
    Weighted
Average
Remaining
Exercise Term
in Months
 
  Balance, December 31, 2013     448,500       799,475     $ 4.49     $ 2.30       36  
  Additional stock reserved     500,000       -     $ -     $ -       -  
  Granted     (867,593 )     867,593     $ 0.49     $ 0.85       58  
  Exercised     -       -     $ -     $ -       -  
  Forfeited     -       -     $ -     $ -       -  
  Expired     -       -     $ -     $ -       -  
  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     -       -     $ 3.03     $ 1.25       -  
  Balance December 31, 2015     757,471       1,980,434     $ 2.21     $ 1.46       49  

 

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  
      Shares Available for Grant     Number of Shares     Weighted
Average
Exercise Price
per Share
    Weighted
Average Grant
Date Fair Value
 per Share
    Weighted
Average
Remaining
Exercise Term
in Months
 
  Balance, December 31, 2013     97,100       141,500     $ 4.06     $ 1.96       34  
  Additional stock reserved     200,000       -     $ -     $ -       -  
  Granted     (296,773 )     296,773     $ 0.10     $ 1.00       54  
  Exercised     -       -     $ -     $ -       -  
  Forfeited     20,000       (20,000 )   $ -     $ -       -  
  Expired     19,000       (19,000 )   $ 5.00     $ 1.73       -  
  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     -       -     $ 5.30     $ 2.39       -  
 

Balance December 31, 2015

    99,303       306,773     $ 0.36     $ 1.01       41
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  
      Shares Available for Grant     Number of Shares     Weighted
Average
Exercise Price
per Share
    Weighted
Average Grant
Date Fair Value
 per Share
    Weighted
Average
Remaining
Exercise Term
in Months
 
  Balance, December 31, 2013     433,959       313,089     $ 4.64     $ 2.07       24  
  Additional stock reserved     -       -     $ -     $ -       -  
  Granted     (159,861 )     159,861     $ 1.68     $ 0.56       34  
  Exercised     -       -     $ -     $ -       -  
  Forfeited     -       -     $ -     $ -       -  
  Expired     -       (62,801 )   $ 3.89     $ 1.84       -  
  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     -       -     $ 4.18     $ 1.82       -  
  Balance December 31, 2015     210,227       306,823     $ 2.79     $ 1.26       9
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  
      Shares Available for Grant     Number of Shares     Weighted
Average
Exercise Price
per Share
    Weighted
Average Grant
Date Fair Value
 per Share
    Weighted
Average
Remaining
Exercise Term
in Months
 
  Balance, December 31, 2013     348,925       338,925     $ 17.83     $ 0.95       22  
  Additional stock reserved     -       -     $ -     $ -       -  
  Granted     -       -     $ 1.68     $ -       -  
  Exercised     -       -     $ -     $ -       -  
  Forfeited     -       -     $ -     $ -       -  
  Expired     -       -     $ -     $ -       -  
  Balance, December 31, 2014     348,925       338,925     $ 17.83     $ 0.95       9  
  Additional stock reserved     -       -     $ -     $ -       -  
  Granted     -       -     $ -     $ -       -  
  Exercised     -       -     $ -     $ -       -  
  Forfeited     -       -     $ -     $ -       -  
  Expired     -       -     $ 5.00     $ 0.12       -  
  Balance December 31, 2015     348,925       338,925     $ 20.00     $ 1.02       4