Quarterly report pursuant to Section 13 or 15(d)

Equity (Tables)

v3.7.0.1
Equity (Tables)
3 Months Ended
Mar. 31, 2017
Stock Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of option and warrant activities
    Number of Units     Weighted 
Average 
Exercise 
Price
    Weighted 
Average 
Remaining 
Contractual 
Term 
(in years)
  Aggregate 
Intrinsic 
Value
 
Outstanding, December 31, 2016     5,906,886     $ 3.52     7.90     51,704  
Granted     2,260,500       1.36              
Cancelled     (523,000 )     2.25              
Outstanding, March 31, 2017     7,644,386       2.97     8.27     855,064  
                             
Exercisable, March 31, 2017     2,812,164       4.73     6.45     413,494  
Warrants [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of option and warrant activities
    Number of Units     Weighted 
Average 
Exercise 
Price
    Weighted 
Average 
Remaining 
Contractual 
 Term 
(in years)
    Aggregate 
Intrinsic 
Value
 
                         
Outstanding, December 31, 2016     8,964,752       3.72       1.95       1,445,786  
Exercised     (9,364 )     0.78       -       -  
Outstanding, March 31, 2017     8,955,388       3.70       1.86       3,471,974  
                                 
Exercisable, March 31, 2017     8,612,888       3.61       1.63       3,426,124