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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2018
Share-based Compensation, Activity [Table Text Block]
A summary of the status of the Company’s non-vested stock options at December 31 and changes during the year is as follows:
 
 
 
2018
 
 
2017
 
 
 
Number of

Options
 
 
 
Weighted

Average
Grant 
Date
Fair Value
 
 
Number of

Options
 
 
Weighted

Average
Grant 
Date
Fair Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-vested stock options at January 1
 
 
238,871
 
 
$
4.27
 
 
 
335,283
 
 
$
5.09
 
Granted
 
 
224,000
 
 
$
1.94
 
 
 
127,000
 
 
$
3.74
 
Vested
 
 
(122,647
)
 
$
4.15
 
 
 
(207,457
)
 
$
5.16
 
Exercised
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Forfeited/Expired/Exchanged
 
 
(47,909
)
 
$
3.82
 
 
 
(15,955
)
 
$
5.15
 
Non-vested stock options at December 31
 
 
292,315
 
 
$
2.61
 
 
 
238,871
 
 
$
4.27
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The following weighted-average assumptions were utilized in the calculation of the fair value of the stock options:
 
Expected life
 
6.20 years
 
Weighted average volatility
 
 
70
%
Forfeiture rate
 
 
15
%
Weighted average risk-free interest rate
 
 
2.74
%
Expected dividend rate
 
 
0
%
Schedule Of Employee Service Share Based Compensation Unrecognized Period Costs [Table Text Block]
At December 31, 2018, there was $377,000 of total unrecognized compensation cost related to non-vested stock option-based compensation arrangements granted under the Plan. That cost is expected to be recognized in future years as follows:
 
2019
 
 
184,000
 
2020
 
 
119,000
 
2021
 
 
63,000
 
2022
 
 
11,000
 
 
 
$
377,000
 
Schedule Of Recognized Compensation Cost [Table Text Block]
The recognized compensation cost associated with the Plan is as follows:
 
 
 
2018
 
 
2017
 
Research and development
 
$
145,000
 
 
$
119,000
 
General and administrative
 
 
79,000
 
 
 
250,000
 
Effect on net loss
 
$
224,000
 
 
$
369,000
 
Effect on net loss per share
 
$
0.01
 
 
$
0.02
 
Schedule Of Share Based Compensation Warrants Activity [Table Text Block]
The following table summarizes the number of warrants, the weighted average exercise price, and weighted average life (in years) by price for both total outstanding warrants and total exercisable warrants at December 31, 2018:
 
 
 
 
Total Outstanding Warrants
 
Exercise Price
 
 
Warrants
 
 
Wtd. Avg.

Exercise

Price
 
 
Remaining

Life

(in years)
 
 
$1.80
 
 
 
80,000
 
 
$
1.80
 
 
 
2.13
 
 
$4.00
 
 
 
2,395,471
 
 
$
4.00
 
 
 
0.07
 
 
$10.00
 
 
 
20,313
 
 
$
10.00
 
 
 
0.18
 
 
 
 
 
 
2,495,784
 
 
$
3.98
 
 
 
 
 
Equity Incentive Plan [Member]  
Share-based Compensation, Activity [Table Text Block]
Activity under the Plan is as follows:
 
 
 
2018
 
 
2017
 
Reserved but unissued shares under the Plan, beginning of year
 
 
191,656
 
 
 
266,884
 
Increases in the number of authorized shares under the Plan
 
 
1,106,088
 
 
 
255,261
 
Grants of stock options
 
 
(224,000
)
 
 
(127,000
)
Stock option forfeitures
 
 
337,583
 
 
 
15,955
 
Exercise of stock options
 
 
-
 
 
 
-
 
Stock grants
 
 
(114,865
)
 
 
(219,444
)
Stock grant forfeitures
 
 
-
 
 
 
-
 
Reserved but unissued shares under the Plan, end of year
 
 
1,296,462
 
 
 
191,656
 
Consultant Plan [Member]  
Share-based Compensation, Activity [Table Text Block]
Activity under the Consultant Plan is as follows:
 
 
 
2018
 
 
2017
 
Reserved but unissued shares under the Consultant Plan at January 1
 
 
99,159
 
 
 
83,633
 
Increases in the number of authorized shares under the Consultant Plan
 
 
110,546 
 
 
25,526
 
Stock grants
 
 
(10,000)
 
 
(10,000)
Reserved but unissued shares under the Consultant Plan at Period End
 
 
199,705 
 
 
99,159
 
Warrant [Member]  
Schedule Of Share Based Compensation Warrants Activity [Table Text Block]
A summary of the Company’s warrant activity and related information is as follows:
 
 
 
2018
 
 
2017
 
 
 
Warrants
 
 
Weighted

Average

Exercise

Price
 
 
Warrants
 
 
Weighted

Average

Exercise

Price
 
Outstanding at January 1
 
 
2,495,784
 
 
$
3.98
 
 
 
445,313
 
 
$
4.65
 
Granted
 
 
-
 
 
 
-
 
 
 
2,395,471
 
 
$
4.00
 
Exercised
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Forfeited/Expired
 
 
-
 
 
 
-
 
 
 
(345,000
)
 
$
5.00
 
Outstanding at Period End
 
 
2,495,784
 
 
$
3.98
 
 
 
2,495,784
 
 
$
3.98
 
Employee Stock Option [Member]  
Share-based Compensation, Stock Options, Activity [Table Text Block]
A summary of the Company’s stock option activity and related information is as follows:
 
 
 
2018
 
 
2017
 
 
 
Options to

Purchase

Common

Stock
 
 
Weighted

Average

Exercise

Price
 
 
Weighted

Average

Remaining

Contractual

Life (in

years)
 
 
Options to

Purchase

Common

Stock
 
 
Weighted

Average

Exercise

Price
 
 
Weighted

Average

Remaining

Contractual

Life (in

years)
 
Outstanding at January 1
 
 
993,860
 
 
$
4.81
 
 
 
6.94
 
 
 
882,815
 
 
$
4.98
 
 
 
7.51
 
Granted
 
 
224,000
 
 
$
1.94
 
 
 
9.23
 
 
 
127,000
 
 
$
3.69
 
 
 
9.48
 
Exercised
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Forfeited/Expired/Exchanged
 
 
(337,583
)
 
$
4.19
 
 
 
-
 
 
 
(15,955
)
 
$
5.15
 
 
 
-
 
Outstanding at December 31
 
 
880,277
 
 
$
4.32
 
 
 
9.04
 
 
 
993,860
 
 
$
4.81
 
 
 
6.94
 
Exercisable at December 31
 
 
587,962
 
 
$
5.17
 
 
 
6.49
 
 
 
754,989
 
 
$
4.98
 
 
 
6.32