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14. Options
3 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Options

Options Granted

No options were granted during the three months ended March 31, 2017 and 2016.

 

The Company recognized a total of $159,492, and $157,824 of compensation expense during the three months ended March 31, 2017 and 2016, respectively, related to common stock options issued to Employees and Directors that are being amortized over the implied service term, or vesting period, of the options. The remaining unamortized balance of these options is $862,897 as of March 31, 2017.

 

Options Exercised

No options were exercised during the three months ended March 31, 2017 and 2016.

 

Options Forfeited

No options were forfeited during the three months ended March 31, 2017 and 2016.