XML 28 R17.htm IDEA: XBRL DOCUMENT v3.8.0.1
Stockholders' Equity (Tables)
9 Months Ended
Sep. 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 nine month period ended September 30, 2017  
    Number of Options     Weighted Average 
Exercise Price ($)
    Aggregate Intrinsic 
Value ($)
 
Outstanding at December 31, 2016     4,405,552       0.11       -  
Granted     -       -       -  
Exercised     -       -       -  
Forfeited     (2,206,488 )     0.28       -  
Outstanding at September 30, 2017     2,199,064       0.10       0  
Options exercisable at end of period     1,741,150       0.10       0  

Schedule of Stock Options Outstanding Exercise Price Range

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

 

Exercise Price 
($)
    Stock options outstanding     Weighted average remaining contractual life - years     Stock options exercisable  
                     
  0.2       1,055,000       8.50       998,750  
  (*)       1,144,064       8.75       742,400  
          2,199,064       8.75       1,741,150  

 

(*) Less than $0.01.