XML 38 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1
Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Schedule of assumptions used in Black-Scholes pricing model to estimate the fair value of the options granted

    December 31,  
    2017     2016  
Expected volatility     116.1-159.0 %     76.6-139.2 %
Expected life of option     5.0-7.0       5.5  
Risk free interest rate     1.7-2.2 %     1.1%-1.8 %
Expected dividend yield     0.0 %     0.0 %

Summary of stock option activity
   Number of
Options
   Weighted
Average
Exercise
Price
 
Outstanding at January 1, 2017   573,110   $6.94 
Granted   611,522    3.75 
Expired or canceled, during the period   (191,027)   6.64 
Forfeited, during the period   (13,017)   6.00 
Outstanding at December 31, 2017   980,588   $5.02 
Exercisable at December 31, 2017   448,890   $8.36
Schedule of stock-based compensation expense
  

Year ended

December 31,
 
   2017   2016 
Cost of revenue  $4,302   $117,147 
Sales and marketing expense   1,784    - 
Product development expense   166,783    - 
General and administrative expense   665,556    50,599 
Total stock-based compensation expense  $838,425   $167,746
Schedule of restricted stock award activity

   Number of
Restricted
Stock
Awards
   Weighted
Average
Grant Date
Fair Value
 
Outstanding at January 1, 2017   264,286   $20.29 
Granted   -    - 
Forfeited or canceled, during the period   (43,405)   20.29 
Vested   (62,310)   20.29 
Outstanding at December 31, 2017   158,571   $20.29