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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Schedule of Stock Option

Following is a summary of the option activities during the three months ended March 31, 2017:

 

      Number of Units     Weighted
Average
Exercise Price
    Weighted Average
Remaining Contractual
Term (in years)
 
Outstanding, December 31,2016       850,405     $ 0.08 *     7.29  
Granted (cancelled)       -                  
Outstanding, March 31, 2017       850,405     $ 0.08 *     7.03  
Exercisable, March 31, 2017       598,180     $ 0.07 *     7.30  

 

* Adjusted due to the change of exercise price of options issued to its Chief Financial Officer effective November 1, 2016.