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Stock Options (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Options Outstanding by Price Range

The following table summarizes the changes in options outstanding and the related prices for the shares of the Company’s common stock issued to employees and consultants under a stock option plan at December 31, 2017:

 

      Options Outstanding     Options Exercisable  
Exercise Price ($)     Number
Outstanding
    Weighted
Average
Remaining
Contractual Life
(Years)
    Weighted
Average
Exercise
Price ($)
    Number
Exercisable
    Weighted
Average
Exercise
Price ($)
 
$ 0.25 - 0.70       8,666,667       7.21     $ 0.51       5,941,667     $ 0.46  

Schedule of Stock Options Activity

The stock option activity for the year ended December 31, 2017 is as follows:

 

    Options Outstanding     Weighted Average 
Exercise Price
 
Outstanding at December 31, 2015     5,000,000     $ 0.41  
Granted     2,300,000       0.50  
Exercised     -       -  
Expired or canceled     (1,000,000     (0.25
Outstanding at December 31, 2016     6,300,000     $ 0.47  
Granted     2,700,000       0.62  
Exercised     -       -  
Expired or canceled     (333,333 )     (0.70 )
Outstanding at December 31, 2017     8,666,667     $ 0.51