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9. WARRANTS (Tables)
9 Months Ended
Sep. 30, 2017
Summary of Investments, Other than Investments in Related Parties [Abstract]  
Stock Warrants

 

Warrants Outstanding     Warrants Exercisable  
            Weighted        
            Average     Exercisable  
Exercise     Number of     Remaining Life     Number of  
Price     Warrants     In Years     Warrants  
  $ 0.50       3,056,670       4.42       3,056,670  
    0.60       50,000       2.52       50,000  
    0.65       2,364,000       4.81       2,364,000  
    0.83       100,000       3.30       100,000  
    0.90       5,070,002       1.97       5,070,002  
    1.00       670,000       0.22       670,000  
    1.06       146,200       1.23       146,200  
    3.00       407,475       1.11       407,475  
            11,864,347       3.04       11,864,347   
                               

 

 

 

Stock warrant activity
            Weighted-Average    
        Weighted-Average   Remaining   Aggregate
    Shares   Exercise Price   Contractual Term   Intrinsic Value
Outstanding at December 31, 2016     15,448,056     $ 0.81       2.4       4,225,936  
Grants     4,484,000       0.58               —    
Exercised     (7,248,668 )     0.68                  
Expired     (819,041 )     0.48                  
Outstanding at September 30, 2017     11,864,347      $ 0.83       3.0     $ —    
                                 
Vested and expected to vest at September 30, 2017     11,864,347     $ 0.83       3.0     $ —    
Exercisable at September 30, 2017     11,864,347     $ 0.83       3.0     $ —