Stock Award Programs (Tables)

6 Months Ended

Jun. 30, 2017

Stock Options and Award Programs [Abstract]

Nonvested Restricted Stock Shares Activity [Table Text Block]

A summary of RSA activity as of June 30, 2017 and 2016, and changes during six month periods ended June 30, 2017 and 2016 are set forth below:

	2017		2016
	(Unaudited)
NON-VESTED AWARDS
Non-vested awards outstanding, January 1,		250,000		500,000
Granted (+)		300,000		-
Cancelled (-)		150,000		-
Vested (-)		275,000		250,000
Non-vested awards outstanding, June 30,		125,000		250,000
Weighted-average remaining contractual life (in years)		0.4		1.5
Unamortized RSA compensation expense	$	8,300	$	61,700
Aggregate intrinsic value of RSAs non-vested, June 30	$	57,500	$	147,500
Aggregate intrinsic value of RSAs vested during the quarter	$	177,750	$	185,000

Schedule Of Share-Based Compensation, Stock Options, Activity [Table Text Block]

A summary of stock option activity as of June 30, 2017 and 2016, and changes during six month periods ended June 30, 2017 and 2016 are set forth below:

	2017				2016
			Weighted				Weighted
			Average				Average
			Grant Date				Grant Date
NON-VESTED AWARDS	Shares		Fair Value		Shares		Fair Value
	(Unaudited)
Non-vested balances, January 1,		920,000	$	0.59		841,672	$	0.80
Granted (+)		850,000	$	0.47		650,000	$	0.40
Cancelled (-)		600,000	$	0.54		25,000	$	0.72
Vested (-)		110,000	$	0.69		534,172	$	0.69
Non-vested balances, June 30,		1,060,000	$	0.54		932,500	$	0.59

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]

	2017				2016
			Weighted				Weighted
			Average				Average
OUTSTANDING AND EXERCISABLE AWARDS	Shares		Exercise Price		Shares		Exercise Price
	(Unaudited)
Awards outstanding, January 1,		2,090,668	$	0.86		1,857,668	$	0.91
Granted (+)		850,000	$	0.71		650,000	$	0.70
Cancelled (-)		1,023,334	$	0.91		317,000	$	0.80
Exercised (-)		30,000	$	0.57		-		-
Awards outstanding, June 30,		1,887,334	$	0.76		2,190,668	$	0.86
Awards vested and expected to vest, June 30,		1,763,594	$	0.77		2,064,739	$	0.87
Awards outstanding and exercisable, June 30,		887,334	$	0.75		1,258,168	$	0.82

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The following table sets forth the composition of stock compensation expense included in general and administrative expense for the periods then ended:

	THREE MONTHS ENDED				SIX MONTHS ENDED
	JUNE 30,				JUNE 30,
	2017		2016		2017		2016
	(Unaudited)
Restricted stock compensation expense	$	129,267	$	21,786	$	151,321	$	43,572
Non-qualified stock compensation expense		4,795		26,661		67,758		92,754
Total share-based compensation before taxes	$	134,062	$	48,447	$	219,079	$	136,326