NOTE 8 - STOCKHOLDERS’ EQUITY (Details) - USD ($)
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1 Months Ended |
12 Months Ended |
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Jun. 26, 2015 |
Mar. 03, 2015 |
Dec. 15, 2014 |
Dec. 12, 2014 |
Sep. 26, 2014 |
Aug. 18, 2014 |
Apr. 09, 2014 |
Mar. 14, 2014 |
Mar. 10, 2014 |
Jan. 10, 2014 |
Dec. 31, 2015 |
Oct. 31, 2015 |
Sep. 30, 2015 |
Jun. 30, 2015 |
May. 31, 2015 |
Apr. 30, 2015 |
Jun. 30, 2014 |
May. 31, 2014 |
Apr. 30, 2014 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
Jan. 09, 2014 |
| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
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| Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) |
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$ 4.75
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$ 4.75
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| Proceeds from Warrant Exercises |
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$ 0
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$ 1,024,558
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| Stock Issued During Period, Value, Issued for Services |
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226,368
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$ 195,468
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| Stock Issued During Period, Value, New Issues |
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$ 1,854,725
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| Conversion of Stock, Shares Converted (in Shares) |
250,666,631
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| Conversion of Stock, Shares Issued (in Shares) |
5,013,366
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| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares) |
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194,364
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246,255
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| Stock Issued During Period, Shares, New Issues (in Shares) |
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482,500
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| Share-Based Compensation Arrangement by Share-Based Payment Award, Warrants, Grants in Period, Gross (in Shares) |
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482,500
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| Proceeds from Issuance or Sale of Equity |
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$ 1,854,725
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| Warrant Term |
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5 years
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| Sale of Stock, Description of Transaction |
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The Company was required to file a registration statement covering the shares and the shares issuable upon exercise of the warrants no later than thirty days following the closing. The registration statement was filed on November 2, 2015 and effective November 6, 2015. In addition, the purchase agreement prohibits the Company from effecting any public offering of common stock within ninety days of the closing unless the closing price of the Company’s common stock is above $15.00 per share for ten consecutive trading days.
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| Placement Agent, Commission Percentage |
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8.00%
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| Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price (in Dollars per share) |
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$ 7.89
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$ 7.89
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| Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term |
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3 years 255 days
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| Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share) |
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$ 5.87
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$ 6.50
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| Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period (in Shares) |
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8,400
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| Proceeds from Stock Options Exercised |
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$ 0
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$ 21,728
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| Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term |
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4 years 6 months
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4 years 73 days
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8 years 255 days
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| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Intrinsic Value |
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$ 0
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$ 0
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| Share-based Compensation |
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583,603
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3,731,915
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| Warrant Agreement Amendment No 3 [Member] |
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| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
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| Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) |
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$ 2.50
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| Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in Shares) |
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185,823
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| Proceeds from Warrant Exercises |
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$ 464,558
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| Gain (Loss) on Derivative Instruments, Net, Pretax |
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$ 219,773
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| Private Placement [Member] |
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| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
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| Payments of Stock Issuance Costs |
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$ 164,050
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| Series A Convertible Preferred Stock [Member] |
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| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
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| Conversion of Stock, Shares Converted (in Shares) |
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161,827
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| Conversion of Stock, Shares Issued (in Shares) |
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47,646
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| Shares Issued, Price Per Share (in Dollars per share) |
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$ 3.395
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| Common Stock [Member] |
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| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
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| Stock Issued During Period, Value, Issued for Services |
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$ 285,000
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| Stock Issued During Period, Value, New Issues |
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1,330,000
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| Sales Commissions and Fees |
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$ 95,000
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| Conversion of Stock, Shares Issued (in Shares) |
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173,267
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| Shares Issued, Price Per Share (in Dollars per share) |
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$ 3.395
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| Series A Convertible Preferred Stock [Member] |
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| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
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| Conversion of Stock, Shares Converted (in Shares) |
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588,241
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| Investor Relations Services [Member] |
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| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
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| Stock Issued During Period, Shares, Issued for Services (in Shares) |
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19,448
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| Stock Issued During Period, Value, Issued for Services |
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$ 104,026
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| Legal Services [Member] |
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| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
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| Stock Issued During Period, Shares, Issued for Services (in Shares) |
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26,293
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| Stock Issued During Period, Value, Issued for Services |
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$ 122,342
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| Out of Pocket Expense [Member] |
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| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
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| Payments of Stock Issuance Costs |
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31,850
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| Employee Stock Option [Member] |
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| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
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| Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period (in Shares) |
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6,400
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| Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price (in Dollars per share) |
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$ 3.395
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| Proceeds from Stock Options Exercised |
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$ 21,728
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| Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options |
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$ 523,037
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$ 523,037
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| Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition |
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2 years
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| Share-based Compensation |
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$ 583,603
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1,250,113
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| Employee Stock Option [Member] | Consultants [Member] |
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| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
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| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares) |
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8,000
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10,000
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| Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share) |
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$ 7.00
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$ 7.00
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| Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term |
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10 years
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10 years
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| Share Based Compensation Arrangement By Share Based Payment Award Options Grant Date Intrinsic Value |
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$ 41,688
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$ 52,049
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| Restricted Stock [Member] |
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| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
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| Share-based Compensation |
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$ 0
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$ 2,478,124
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| Investor Relations Services [Member] |
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| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
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| Stock Issued During Period, Shares, Issued for Services (in Shares) |
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22,154
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| Stock Issued During Period, Value, Issued for Services |
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$ 130,000
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| Legal Services [Member] |
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| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
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| Stock Issued During Period, Shares, Issued for Services (in Shares) |
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9,046
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| Stock Issued During Period, Value, Issued for Services |
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$ 65,468
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| Warrant Agreement Amendment No 4 [Member] |
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| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
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|
|
|
|
|
| Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share) |
|
|
|
|
|
|
|
|
|
$ 2.50
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 2.50
|
| Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in Shares) |
|
|
|
|
|
|
|
|
|
224,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Proceeds from Warrant Exercises |
|
|
|
|
|
|
|
|
|
$ 560,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Gain (Loss) on Derivative Instruments, Net, Pretax |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 241,176
|
|
| Chief Executive Officer [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock Cancelled During Period, Shares, for Services (in Shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,222
|
|
|
| StockCancelled During Period, Value, for Services |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 10,000
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,000
|
|
|
| Chief Executive Officer [Member] | Common Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock Issued During Period, Value, New Issues |
|
|
$ 15,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock Cancelled During Period, Shares, for Services (in Shares) |
|
|
|
|
15,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| StockCancelled During Period, Value, for Services |
|
|
|
|
$ 85,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Chief Executive Officer [Member] | Employee Stock Option [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares) |
|
|
|
|
|
|
|
184,655
|
|
|
|
32,864
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value |
|
|
|
|
|
|
|
$ 800,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Officers' Compensation |
|
|
|
|
|
|
|
1,140,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Payments to Employees |
|
|
|
|
|
|
|
85,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock Granted, Value, Share-based Compensation, Gross |
|
|
|
|
|
|
|
$ 1,055,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price (in Dollars per share) |
|
|
|
|
|
|
|
$ 7.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term |
|
|
|
|
|
|
|
10 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period |
|
|
|
|
|
|
|
3 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share) |
|
|
|
|
|
|
|
|
|
|
|
$ 5.00
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term |
|
|
|
|
|
|
|
|
|
|
|
10 years
|
|
|
|
|
|
|
|
|
|
|
|
| Share Based Compensation Arrangement By Share Based Payment Award Options Grant Date Intrinsic Value |
|
|
|
|
|
|
|
|
|
|
|
$ 137,501
|
|
|
|
|
|
|
|
|
|
|
|
| Employees and Contractors [Member] | Employee Stock Option [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
34,600
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 170,000
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3 years
|
|
|
|
|
| Director [Member] | Employee Stock Option [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
80,000
|
|
25,000
|
|
|
7,500
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 101,000
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3 years
|
|
|
3 years
|
|
|
| Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 7.00
|
|
$ 5.00
|
|
|
$ 5.00
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10 years
|
|
|
|
|
10 years
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Intrinsic Value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 34,945
|
|
|
| Share Based Compensation Arrangement By Share Based Payment Award Options Grant Date Intrinsic Value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 493,774
|
|
|
|
|
|
|
|
| Employees [Member] | Employee Stock Option [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares) |
|
|
|
|
|
|
|
|
|
|
20,000
|
5,000
|
10,000
|
|
1,000
|
|
2,000
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 9,000
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period |
|
|
|
|
|
|
|
|
|
|
|
3 years
|
3 years
|
|
3 years
|
|
3 years
|
|
|
|
|
|
|
| Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share) |
|
|
|
|
|
|
|
|
|
|
$ 1.95
|
|
$ 5.14
|
|
$ 6.50
|
|
$ 5.50
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term |
|
|
|
|
|
|
|
|
|
|
10 years
|
10 years
|
10 years
|
|
10 years
|
|
|
|
|
|
|
|
|
| Share Based Compensation Arrangement By Share Based Payment Award Options Grant Date Intrinsic Value |
|
|
|
|
|
|
|
|
|
|
$ 40,658
|
$ 15,254
|
$ 44,978
|
|
$ 5,570
|
|
|
|
|
|
|
|
|
| New Director [Member] | Employee Stock Option [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
20,000
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 7.00
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10 years
|
|
|
|
|
|
|
|
|
| Share Based Compensation Arrangement By Share Based Payment Award Options Grant Date Intrinsic Value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 128,115
|
|
|
|
|
|
|
|
|
| Long Term Incentive Plan [Member] | Employee Stock Option [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in Shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
700,000
|
|
|
| Minimum [Member] | Employees and Contractors [Member] | Employee Stock Option [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 6.00
|
|
|
|
|
| Minimum [Member] | Employees [Member] | Employee Stock Option [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share) |
|
|
|
|
|
|
|
|
|
|
|
$ 2.86
|
|
|
|
|
|
|
|
|
|
|
|
| Maximum [Member] | Employees and Contractors [Member] | Employee Stock Option [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 6.50
|
|
|
|
|
| Maximum [Member] | Employees [Member] | Employee Stock Option [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| NOTE 8 - STOCKHOLDERS’ EQUITY (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share) |
|
|
|
|
|
|
|
|
|
|
|
$ 3.90
|
|
|
|
|
|
|
|
|
|
|
|