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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Summary of Employee Stock Option Activity

A summary of the Company’s activity related to options to employees, executives and directors and related information is as follows:

 

    For the six month period ended June 30, 2017  
    Number of Options     Weighted Average
Exercise Price ($)
    Aggregate Intrinsic
Value ($)
 
Outstanding at December 31, 2016     4,754,677       0.11       -  
Granted     -       -       -  
Exercised     -       -       -  
Cancelled     (349,125 )     -       -  
Outstanding at June 30, 2017     4,405,552       0.11       0  
Options exercisable at end of period     3,610,833       0.11       0  

Schedule of Stock Options Outstanding Exercise Price Range

The stock options outstanding as of June 30, 2017 have been separated into exercise prices, as follows:

 

Exercise Price
($)
    Stock options
outstanding
    Weighted average remaining
contractual life - years
    Stock options
exercisable
 
  0.4       1,426,320       8.75       1,327,432  
  0.2       1,281,875       8.50       1,154,792  
  (*)       1,697,357       8.75       1,128,610  
          4,405,552       8.75       3,610,833  

 

(*) Less than $0.01.