XML 32 R23.htm IDEA: XBRL DOCUMENT v3.4.0.3
STOCK BASED COMPENSATION (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]    
Schedule of Non-Qualified Stock Options and Warrants Outstanding and Exercisable

The following tables summarize all stock option and warrant activity of the Company during the three months ended March 31, 2016:

 

   

Non-Qualified Stock Options and Warrants

Outstanding and Exercisable

 
                   
                Weighted  
                Average  
    Number of     Exercise     Exercise  
    Shares     Price     Price  
                   
Outstanding, December 31, 2015     18,528,367     $ 0.63 - $1.69     $ 0.92  
                         
Granted     525,000     $ 0.60 - $0.86     $ 0.70  
Expired     (35,000 )   $ 1.00     $ 1.00  
Forfeited                        
Exercised                        
                         
Outstanding, March 31, 2016     19,018,367     $ 0.60 - $1.69     $ 0.91  
                         
Exercisable, March 31, 2016     18,271,486     $ 0.60 - $1.69     $ 0.92  

The following tables summarize all stock option and warrant activity of the Company during the year ended December 31, 2015 and 2014:

 

                         
    Non-Qualified Stock Options and Warrants 
Outstanding and Exercisable
 
                Weighted  
                Average  
    Number of     Exercise     Exercise  
    Shares     Price     Price  
                   
Outstanding, December 31, 2013     7,146,000     $0.25 - $1.75     $ 1.16  
Granted     5,257,600     $0.72 - $1.25     $ 1.07  
Expired     (10,000 )   $1.25     $ 1.25  
Forfeited     (125,000 )   $0.92 - $1.03     $ 0.93  
Exercised     (449,000 )   $0.25 - $0.345     $ 0.34  
Outstanding, December 31, 2014     11,819,600     $0.25 - $1.75     $ 1.15  
                         
Granted     9,746,267     $0.67 - $1.02     $ 0.81  
Expired     (2,837,500 )   $1.00 - $1.75     $ 1.52  
Forfeited     (200,000 )   $0.92 - $1.16     $ 1.01  
Exercised                    
Outstanding, December 31, 2015     18,528,367     $0.63 - $1.69     $ 0.92  
Exercisable, December 31, 2015     18,006,488     $0.63 - $1.69     $ 0.92  
Schedule of Non-Qualified Stock Options and Warrants Outstanding, by Exercise Price Range
Non-Qualified Stock Options and Warrants Outstanding
    Number Outstanding   Weighted Average   Weighted Average
Range of   Currently Exercisable   Remaining   Exercise Price of Options and
Exercise Prices   at March 31, 2016   Contractual Life   Warrants Currently Exercisable
             
$0.60 - $1.69   18,271,486   4.73 Years   $0.92

             
Non-Qualified Stock Options and Warrants Outstanding
    Number Outstanding   Weighted Average   Weighted Average
Range of   Currently Exercisable   Remaining   Exercise Price of Options and
Exercise Prices   at December 31, 2015   Contractual Life   Warrants Currently Exercisable
             
$0.63 - $1.69   18,006,488   4.86 Years   $0.92