Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2017

Stockholders' Equity [Abstract]

Schedule of changes in stockholders' equity

					Additional					Total
	Common Stock				Paid in		Accumulated			Stockholders’
(In thousand $)	Shares		Amount		Capital		deficit			equity
Balance at December 31, 2016		5,344,372	$	5	$	33,099	$	(27,786	)	$	5,318
Net proceeds from sale of common stock		500,000		1		1,926		-			1,927
Stock-based compensation expense		-		-		121		-			121
Net loss		-		-		-		(2,976	)		(2,976	)
Balance at September 30, 2017		5,844,372	$	6	$	35,146	$	(30,762	)	$	4,390

Schedule of periodical gross proceeds from private placements

(In thousand $)				Gross
Date	Shares			Proceeds
March 6, 2016		1,500,000	(1)	$	5,250
February 8, 2017		500,000	(2)		2,125
		2,000,000		$	7,375

(1)	Shares issued pursuant to the closing of the first tranche of the Financing with RENS Technology Inc.
(2)	Shares issued pursuant to a registered direct offering with an institutional investor.