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12. STOCK OPTIONS AND WARRANTS (Tables)
12 Months Ended
Dec. 31, 2016
Warrant [Member]  
Schedule of Stock Option and Warrant Activity

 

    Number of Shares     Weighted Average Exercise Price    

Weighted Average Remaining Contract Term

(# years)

 
Outstanding at January 1, 2016     7,803,282     $ 1.78       3.0  
Granted     5,962,800       0.25          
Forfeited and cancelled     (1,200,003 )     4.50          
                         
Outstanding at December 31, 2016     12,566,079     $ 0.80       2.4  
                         
Exercisable at December 31, 2016     12,566,079     $ 0.80       2.4  

 

 

    Number of Shares     Weighted Average Exercise Price    

Weighted Average Remaining Contract Term

(# years)

 
Outstanding at January 1, 2015     6,594,129     $ 2.13       3.9  
Granted     1,650,115       0.89          
Forfeited and cancelled     (440,962 )     3.67          
                         
Outstanding at December 31, 2015     7,803,282     $ 1.78       3.0  
                         
Exercisable at December 31, 2015     7,803,282     $ 1.78       3.0  

 

Schedule of Stock Option and Warrant Exercisable

 

  Exercise Price     Weighted Average Remaining Life (years)     Warrants Outstanding     Warrants Exercisable  
  $ 0.25       1.1       5,962,800       5,962,800  
    0.44       -       100,000       100,000  
    0.75       0.2       1,201,004       1,201,004  
    1.00       0.8       3,700,758       3,700,758  
    1.50       0.1       349,111       349,111  
    2.34       -       166,684       166,684  
    2.50       0.2       1,000,000       1,000,000  
    5.25       -       85,722       85,722  
  $ 0.25 to $5.25       2.4       12,566,079       12,566,079  

 

 

  Exercise Price     Weighted Average Remaining Life (years)     Warrants Outstanding     Warrants Exercisable  
  $ 0.44       -       100,000       100,000  
    0.75       0.4       1,201,004       1,201,004  
    1.00       1.9       3,700,758       3,700,758  
    1.50       0.1       349,111       349,111  
    2.34       -       166,684       166,684  
    2.50       0.4       1,000,000       1,000,000  
    3.75       0.1       400,001       400,001  
    4.50       -       400,001       400,001  
    5.25       0.1       485,723       485,723  
  $ 0.44 to $5.25       3.0       7,803,282       7,803,282  

 

Stock Option [Member]  
Schedule of Stock Option and Warrant Activity

 

    Number of Shares     Weighted Average Exercise Price     Weighted Average Remaining Contract Term (years)  
Outstanding at January 1, 2016     3,058,890     $ 0.80       4.8  
Granted     2,560,000       0.18          
Exercised     (81,290 )     0.22          
Forfeited and cancelled     (350,377 )     0.89          
                         
Outstanding at December 31, 2016     5,187,223     $ 0.50       4.3  
                         
Exercisable at December 31, 2016     3,672,473     $ 0.61       4.2  

 

 

    Number of Shares     Weighted Average Exercise Price     Weighted Average Remaining Contract Term (years)  
Outstanding at January 1, 2015     1,827,224     $ $1.08       6.5  
Granted     1,265,000       0.37          
Exercised     (19,445 )     0.30          
Forfeited and cancelled     (13,889 )     0.30          
            $ -       -  
Outstanding at December 31, 2015     3,058,890       0.80       4.8  
            $ -          
Exercisable at December 31, 2015     2,177,540       0.76       5.1  

 

Schedule of Stock Option and Warrant Exercisable

Summary of options outstanding and exercisable as of December 31, 2016 was as follows:

 

 

Exercise Price

  Weighted Average Remaining Life (Years)   Options Outstanding     Options Exercisable
$ 0.11       0.9       900,000       -  
  0.22       1.1       1,380,000       890,000  
  0.24       0.1       100,000       100,000  
  0.30       0.1       26,001       26,001  
  0.37       0.8       1,225,000       1,150,500  
  0.51       1.1       1,090,800       1,090,800  
  1.41       0.1       100,000       100,000  
  1.94       0.1       217,500       167,250  
  2.50       -       80,000       80,000  
  3.75       -       64,500       64,500  
  30.24       -       2,976       2,976  
  67.20       -       446       446  
$ 0.11 to $67.20       4.3       5,187,223       3,672,473  

 

   

Summary of options outstanding and exercisable as of December 31, 2015 was as follows:

 

 

Exercise Price

  Weighted Average Remaining Life (Years)   Options Outstanding     Options Exercisable
$ 0.24       0.2       121,667       121,667  
  0.30       0.1       26,001       26,001  
  0.37       1.6       1,265,000       647,500  
  0.51       2.3       1,090,800       1,090,800  
  1.41       0.1       100,000       40,000  
  1.94       0.3       267,500       131,000  
  2.50       0.1       80,000       32,000  
  3.75       0.1       104,500       85,150  
  30.24       -       2,976       2,976  
  67.20       -       446       446  
$ 0.24 to $67.20       4.8       3,058,890       2,177,540