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Share-Based Compensation (Tables) | 12 Months Ended
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Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Schedule of Estimated Values of Stock Option Grants Valuation Assumptions | The weighted average estimated values of director and employee stock option grants, as well as the weighted average assumptions that were used in calculating such values during the twelve months ended December 31, 2016 and 2015, were based on estimates at the date of grant as follows:
|  | April 30, |  |  | January 1, |  |  | February 10, |  |  | December 6, |
|  | 2015 Grant |  |  | 2016 Grant |  |  | 2016 Grant |  |  | 2016 Grant |
Risk-free interest rate |  |  | 1.43 | % |  |  | 1.76 | % |  |  | 1.15 | % |  |  | 1.84 | %
Weighted average expected term |  |  | 5 years |  |  |  | 5 years |  |  |  | 5 years |  |  |  | 5 years |
Expected volatility |  |  | 143.10 | % |  |  | 134.18 | % |  |  | 132.97 | % |  |  | 123.82 | %
Expected dividend yield |  |  | 0.00 | % |  |  | 0.00 | % |  |  | 0.00 | % |  |  | 0.00 | %
Schedule of Stock Option Activity | A summary of stock option activity during the twelve months ended December 31, 2016 and 2015 under our stock option agreements is as follows:
|  |  |  |  |  |  |  | Weighted- |  |  |  |
|  |  |  |  | Weighted- |  |  | Average |  |  |  |
|  | Shares |  |  | Average |  |  | Remaining |  |  | Aggregate |
|  | Under |  |  | Exercise |  |  | Contractual |  |  | Intrinsic |
|  | Option |  |  | Price |  |  | Life |  |  | Value |
Outstanding at January 1, 2015 |  |  | - |  |  |  |  |  |  |  |  |  |  |  |  |
Granted |  |  | 768,000 |  |  | $ | 0.75 |  |  |  |  |  |  |  |  |
Exercised |  |  | - |  |  |  |  |  |  |  |  |  |  |  |  |
Forfeited and expired |  |  | - |  |  |  |  |  |  |  |  |  |  |  |  |
Outstanding at December 31, 2015 |  |  | 768,000 |  |  | $ | 0.75 |  |  |  | 9 years |  |  | $ | 115,200 |
Exercisable at December 31, 2015 |  |  | 528,000 |  |  | $ | 0.75 |  |  |  | 9 years |  |  | $ | 79,200 |
Outstanding at January 1, 2016 |  |  | 768,000 |  |  | $ | 0.75 |  |  |  |  |  |  |  |  |
Granted |  |  | 560,000 |  |  |  | 0.90 |  |  |  |  |  |  |  |  |
Exercised |  |  | - |  |  |  |  |  |  |  |  |  |  |  |  |
Forfeited and expired |  |  | - |  |  |  |  |  |  |  |  |  |  |  |  |
Outstanding at December 31, 2016 |  |  | 1,328,000 |  |  | $ | 0.81 |  |  |  | 9 years |  |  | $ | 115,200 |
Exercisable at December 31, 2016 |  |  | 590,500 |  |  | $ | 0.77 |  |  |  | 8 years |  |  | $ | 79,200 |

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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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