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Stockholders’ Equity (Tables)
12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Schedule of Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques

The fair value of share-based awards was estimated using the Black-Scholes model with the following weighted-average assumptions for the years ended December 31, 2017 and 2016:

 

Assumptions:

 

    2017     2016  
             
Dividend yield     0.00       0.00  
Risk-free interest rate     1.91-2.45 %     1.13-1.57 %
Expected volatility     115.9-139 %     111.5-132.4 %
Expected life (in years)     5-10       5-10  

Schedule of Stock Option Activity

Option activity for the year ended December 31, 2017 was as follows:

 

          Weighted Average    

Weighted

Average

       
          Exercise     Remaining     Aggregate  
          Price     Contractual     Intrinsic  
    Options     ($)     Life (Yrs.)     Value ($)  
                         
Options outstanding at December 31, 2016     101,188       8.39       9.29       -  
Granted     213,750       2.95       7.72       16,600  
Exercised     -       -       -       -  
Forfeited or cancelled     -15,000       5.43       -       -  
                                 
Options outstanding at December 31, 2017     299,938       8.39       7.33       16,600  
Options expected to vest in the future as of December 31, 2017     214,324       4.55       6.88       16,000  
Options exercisable at December 31, 2017     85,614       4.49       7.96       600  
Options vested, exercisable, and options expected to vest at December 31, 2017     299,938       4.57       7.33       16,600