Stockholders' Equity

3 Months Ended

Mar. 31, 2018

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

Note 5. Stockholders’ Equity

(A) Common Stock

The Company is presently authorized to issue 500,000,000 shares common stock. The Company had 51,046,394 shares of common stock issued and outstanding as of March 31, 2018, an increase of 4,429,301 shares from December 31, 2017, largely due to warrant exercises. 

(B) Warrants

Throughout the years, the Company has issued warrants with varying terms and conditions related to multiple financing rounds, acquisitions and other transactions. The number of warrants outstanding at March 31, 2018 (unaudited) and December 31, 2017 have been recorded and classified as equity is 13,195,528 and 18,039,312 respectively. As of March 31, 2018 and December 31, 2017, the Company has recorded 96,520, in the balance sheet for the liability warrants issued in connection with the various offerings in last year ending. The Weighted Average Exercise Price for the currently outstanding warrants in the table below is $1.45. The table below summarizes the warrants outstanding as of March 31, 2018 and as of December 31, 2017:

 

Outstanding Warrants	Exercise/ Conversion price(s) (range)	Expiring	March 31, 2018		December 31, 2017
Equity Warrants - Fundraising	$1.05 - $5.375	2018 - 2023		13,195,528		18,039,312
Liability Warrants - Fundraising	$0.8418	2021		96,520		96,520
				13,292,048		18,135,832