XML 55 R41.htm IDEA: XBRL DOCUMENT

Equity (Tables)

12 Months Ended

Dec. 31, 2017

Stockholders' Equity Note [Abstract]

Summary of stock options using the black-scholes model

Expected Terms (years)		Expected Volatility		Dividend Yield		Risk Free Interest Rate		Grant Date Fair Value Per share
10		126%-228%		0%		0.73%-1.65%		$1.22-$5.15

Summary of option activity

Stock options		Shares				Weighted average exercise price				Aggregate intrinsic value ⁽¹⁾
Outstanding as of January 1, 2016			720,000			$	2.36
Granted			580,867				1.88
Forfeited			(56,000	)			-
Expired			-
Exercised			(7,000	)			-
Outstanding as of December 31, 2016			1,237,867			$	2.17
Granted			-				-
Forfeited			(221,000	)
Expired			-
Exercised			-
Outstanding as of December 31, 2017			1,016,867			$	2.26			$	59,340

Summary of options outstanding and exercisable

Outstanding options												Exercisable options
Average exercise price				Number				Average remaining contractual life (years)				Average exercise price				Number				Average remaining contractual life (years)

$	1.45				112,000				4.00			$	1.45				112,000				4.00

$	2.30				94,000				5.77			$	2.30				75,200				5.77

$	5.31				131,000				6.64			$	5.31				78,600				6.64

$	1.64				234,000				7.60			$	1.64				234,000				7.60

$	1.88				445,867				8.22			$	1.88				222,934				8.22

					1,016,867												722,734