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Stockholders' equity (Tables)
3 Months Ended
Mar. 31, 2017
Stockholders' Equity Note [Abstract]  
Warrant and option activity
    For the three months ended  
    March 31,  
    2017     2016  
Beginning balance outstanding     39,818,347       26,397,410  
Warrants issued during the period:                
Expired during the period     (726,416 )     (546,667 )
Exercised during the period     -       (12,270,853 )
In connection with tender offer exercise     -       26,479,217  
Ending balance outstanding     39,091,931       40,059,107  

 

    For the three months ended  
    March 31,  
    2017     2016  
Beginning balance outstanding     26,865,017       10,337,113  
Options issued during the period     4,698,759       6,836,016  
Options expired during the period     (716,830 )     (85,000 )
Ending balance outstanding     30,846,946       17,088,129  

 

Options and warrants outstanding
  Shares Issuable    

Weighted Average

Exercise Price

 

Expiration

Fiscal Period

    652,516       7.85   2nd Qtr, 2017
    536,500       1.14   3rd Qtr, 2017
    1,162,088       6.45   4th Qtr, 2017
    10,000       6.60   1st Qtr, 2018
    755,000       0.26   4th Qtr, 2018
    36,973,317       0.31   1st Qtr, 2019
    1,850,007       0.44   2nd Qtr, 2019
    1,309,002       0.92   3rd Qtr, 2019
    2,603,000       1.15   4th Qtr, 2019
    8,273,172       0.15   1st Qtr, 2020
    1,475,789       0.18   4th Qtr, 2020
    3,288,713       0.12   1st Qtr, 2021
    1,427,605       0.09   2nd Qtr, 2021
    1,189,668       0.06   3rd Qtr, 2021
    4,698,759       0.02   4th Qtr, 2021
    2,813,284       0.02   4th Qtr, 2021
    133,334       7.05   4th Qtr, 2022
    68,053,402       0.49    
Stock based compensation assumptions used
    For the three months ended  
    March 31,  
    2017     2016  
Expected life (in years)   2.50 years     2.874 years  
Weighted average volatility     202.30 %     108.81 %
Forfeiture rate     26.07 %     13.58 %
Risk-free interest rate     1.38 %     .96 %
Expected dividend rate     0.00 %     0.00 %