Quarterly report pursuant to Section 13 or 15(d)

Equity (Tables)

v3.5.0.2
Equity (Tables)
6 Months Ended
Jun. 30, 2016
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, 2015     8,954,031       3.73       2.93       10,199,230  
Granted     10,000       1.77                  
Exercised     (183,718 )     -       -       -  
Outstanding, June 30, 2016     8,780,313       3.78       2.44       4,112,959  
                                 
Exercisable, June 30, 2016     8,495,313       3.65       2.25       4,112,959
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, 2015     3,971,583       4.34       8.01       2,964,146  
Granted     1,945,000       2.01       9.77       -  
Cancelled     (100,000 )     1.91       -       -  
Outstanding, June 30, 2016     5,816,583       3.60       8.26       709,217  
                                 
Exercisable, June 30, 2016     2,165,880       3.69       6.40       701,170