XML 44 R34.htm IDEA: XBRL DOCUMENT v3.7.0.1
Stock Based Compensation (Details Narrative) - USD ($)
3 Months Ended 6 Months Ended
May 12, 2017
Apr. 24, 2017
Apr. 17, 2017
Mar. 29, 2017
Mar. 27, 2017
Mar. 10, 2017
Jan. 30, 2017
Jan. 05, 2017
Jun. 30, 2017
Mar. 31, 2017
Jun. 30, 2017
Apr. 14, 2017
Jan. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Number of options to purchase shares of common stock                     752,700    
Share-based compensation arrangements by share-based payment award, options, grants in period, weighted average exercise price                     $ 4.61    
Number of option shares forfeited                     29,147    
Dividend yield                     0.00%    
General and Administrative Expense [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Fair value of warrant                 $ 22,039 $ 172,526      
Stock Option [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Employee service share-based compensation, nonvested awards, compensation not yet recognized, stock options                 1,027,951   $ 1,027,951    
Employee service share-based compensation, nonvested awards, compensation cost not yet recognized, period for recognition                     1 year 3 months 8 days    
Big Geyser Distribution Agreement [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Number of warrant to purchase shares of common stock   85,000                      
Warrant exercise per share   $ 4.50                      
Fair value of warrant   $ 226,134                      
Warrant expiration date   Apr. 23, 2022                      
Recognized amortization of warrants                 4,284   $ 4,284    
Big Geyser Distribution Agreement 1 [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Number of warrant to purchase shares of common stock   95,000                      
Warrant expiration date   Apr. 23, 2022                      
Big Geyser Distribution Agreement 2 [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Number of warrant to purchase shares of common stock   145,000                      
Warrant exercise per share   $ 4.50                      
Fair value of warrant   $ 385,758                      
Warrant vests description   The warrant vests as follows for certain milestones being achieved: 95,000 shares upon the receipt of the first purchase order of the Company’s iced tea products, 25,000 shares upon the receipt of the first purchase order of the Company’s lemonade products, and 25,000 shares upon the receipt of the first purchase order for half-gallon containers of the Company’s products.                      
Warrant expiration date   Apr. 23, 2022                      
Recognized amortization of warrants                 $ 252,738   $ 252,738    
Officers, Directors, and Employees [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Option expire year     5 years                    
Fair value of options     $ 404,600                    
Mr. Davidson [Member] | Consulting Agreements [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Option expire year             4 years 6 months            
Fair value of options             $ 131,240            
Number of options to purchase shares of common stock             71,686            
Share-based compensation arrangements by share-based payment award, options, grants in period, weighted average exercise price             $ 4.09            
Option vested period             vests in three equal installments on January 30, 2017, July 28, 2017, and July 28, 2018.            
Director [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Option expire year         5 years                
Fair value of options         $ 130,266                
Number of options to purchase shares of common stock         70,000                
Share-based compensation arrangements by share-based payment award, options, grants in period, weighted average exercise price         $ 4.50                
Board of Directors [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Number of option of shares         70,000                
Number of warrant to purchase shares of common stock 20,000     165,000                  
Warrant exercise per share $ 4.90     $ 4.18                  
Warrant term 1 year     1 year                  
Fair value assumptions share price per share $ 4.87     $ 4.00                  
Dividend yield 0.00%     0.00%                  
Expected volatility 57.00%     70.00%                  
Risk-Free interest rate 1.11%     1.00%                  
Expected life 1 year     1 year                  
Minimum [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Exercise price                 $ 4.09   $ 4.09    
Fair value assumptions share price per share                 3.73   $ 3.73    
Expected volatility                     57.00%    
Risk-Free interest rate                     1.35%    
Expected life                     2 years 6 months 29 days    
Maximum [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Exercise price                 5.00   $ 5.00    
Fair value assumptions share price per share                 $ 4.32   $ 4.32    
Expected volatility                     75.00%    
Risk-Free interest rate                     1.57%    
Expected life                     3 years 22 days    
2015 Stock Option Plan [Member] | Officers, Directors, and Employees [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Number of option of shares               220,867          
Option expire year               5 years          
Exercise price               $ 5.00          
Option vested period               2 years          
Fair value of options               $ 440,698          
Number of options to purchase shares of common stock     127,500                    
Share-based compensation arrangements by share-based payment award, options, grants in period, weighted average exercise price     $ 4.50                    
2015 Stock Option Plan [Member] | Mr. Thomas [Member] | Employment Agreements [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Option expire year           5 years              
Fair value of options           $ 128,062              
Number of options to purchase shares of common stock           75,000              
Share-based compensation arrangements by share-based payment award, options, grants in period, weighted average exercise price           $ 4.50              
2015 Stock Option Plan [Member] | Minimum [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Number of option of shares                         283,333
2015 Stock Option Plan [Member] | Maximum [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Number of option of shares                         750,000
2017 Stock Option Plan [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Number of shares reserved under stock option plan                       850,000  
2017 Stock Option Plan [Member] | Officers, Directors, and Employees [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Number of options to purchase shares of common stock     187,647                    
Share-based compensation arrangements by share-based payment award, options, grants in period, weighted average exercise price     $ 4.50