Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

v3.4.0.3
Stock Based Compensation (Tables)
3 Months Ended
Mar. 31, 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     -       -     $ 3.03     $ 1.25       -  
Balance December 31, 2015     757,471       1,980,434     $ 2.21     $ 1.46       49  
Additional stock reserved     -       -     $ -     $ -       -  
Granted     (295,500 )     295,500     $ 4.99     $ 2.21       58  
Exercised     -       -     $ -     $ -       -  
Forfeited     -       -     $ -     $ -       -  
Expired     -       -     $ -     $ -       -  
Balance March 31, 2016     461,971       2,275,934     $ 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     -       -     $ 5.30     $ 2.39       -  
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       58  
Exercised     -       -     $ -     $ -       -  
Forfeited     -       -     $ -     $ -       -  
Expired     -       -     $ -     $ -       -  
Balance March 31, 2016     90,303       315,773     $ 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     -       -     $ 4.18     $ 1.82       -  
Balance December 31, 2015     210,227       306,823     $ 2.79     $ 1.26       9  
Additional stock reserved     -       -     $ -     $ -       -  
Granted     -       -     $ -     $ -       -  
Exercised     -       -     $ -     $ -       -  
Forfeited     -       -     $ -     $ -       -  
Expired     -       (20,267 )   $ 6.00     $ 2.73       -  
Balance March 31, 2016     210,227       286,556     $ 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     -       -       5.00       0.12       -  
Balance December 31, 2015     348,925       338,925     $ 20.00     $ 1.02       4  
Additional stock reserved     -       -       -       -       -  
Granted     -       -       -       -       -  
Exercised     -       -       -       -       -  
Forfeited     -       -       -       -       -  
Expired     -       -       -       -       -  
Balance March 31, 2016     348,925       338,925     $ 20.00     $ 1.02       4