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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Schedule of Assumptions Used to Value Options Granted to Employees

The Company valued these grants using the Black-Scholes option pricing model with the following weighted average assumptions:

 

    2016     2015     2014  
Fair value on grant date   $ 0.79     $ 2.37     $ 2.30  
Expected Dividend yield     -       -       -  
Expected volatility     47 %     50 %     50 %
Risk free interest rate     1.93 %     1.80 %     1.68 %
Expected term of the option     5 years       5 years       5 years

Schedule of Option Activity

Activity in stock options is summarized below:

 

    Number of Shares     Weighted Average     Weighted Average Remaining
Contractual
    Aggregate Intrinsic  
    Subject to Option     Exercise Price     Term (Years)     Value  
Balance at December 31, 2013     1,480,599     $ 7.80       5.2          
                                 
Granted     209,750     $ 5.19                  
Cancelled     (104,750 )   $ 7.83                  
Exercised     (14,800 )   $ 5.56                  
Balance at December 31, 2014     1,570,799     $ 7.49       5.2          
                                 
Granted     204,000     $ 5.26                  
Cancelled     (367,793 )   $ 7.70                  
Exercised     -     $ -                  
Balance at December 31, 2015     1,407,006     $ 7.11       6.2          
                                 
Granted     85,250     $ 1.83                  
Cancelled     (200,390 )   $ 5.89                  
Exercised     -     $ -                  
Balance at December 31, 2016     1,291,866     $ 6.96       5.3     $ -

Schedule of Warrant Activity

Activity in warrants is summarized below:

 

    Number of Shares
Underlying
Warrants and
Non-Employee
Options Granted
    Weighted Average
Exercise Price
 
Balance at December 31, 2013     1,379,620     $ 5.58  
                 
Exercised     (50,000 )     4.45  
Terminated     -       -  
Issued     24,000       6.58  
Balance at December 31, 2014     1,353,620     $ 5.64  
                 
Exercised     (137,174 )     4.73  
Terminated     (426,083 )     6.09  
Issued     -       -  
Balance at December 31, 2015     790,363     $ 5.56  
                 
Exercised     -       -  
Terminated     -       -  
Issued     -       -  
Balance at December 31, 2016     790,363     $ 5.56