Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Fair Value of Stock Options Assumptions

The Company determined the fair value of stock options granted based upon the assumptions as provided below.

	For the Year Ended December 31, 2017
Stock price	$	3.73 - $5.10
Exercise price	$	3.76 - $5.00
Dividend yield		0	%
Expected volatility		57% - 75	%
Risk-Free interest rate, per annum		1.05% – 1.57	%
Expected life (in years)		0.85 - 3.06

Schedule of Stock Option Activity

The following table summarizes the stock option activity of the Company:

	Shares			Weighted Average Exercise Price		Weighted Average Grant Date Fair Value		Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at January 1, 2017		425,411		$	4.93	$	3.85
Granted		808,200			4.55		1.63
Exercised		(23,333	)		4.50		1.86
Expired, forfeited or cancelled		(659,744	)		4.97		2.15
Outstanding at December 31, 2017		550,534		$	4.34	$	2.72		2.5	$	417,407
Exercisable at December 31, 2017		408,651		$	4.25	$	3.09		1.9	$	348,699

Schedule of Warrant Activity

The following table summarizes the common stock warrant activity of the Company:

	Number of shares		Weighted average exercise price		Weighted average contractual life (years)
Outstanding - January 1, 2017		470,570	$	5.95		-
Issued		1,063,750	$	3.58		-
Expired		-	$	-		-
Outstanding December 31, 2017		1,534,320	$	4.19		2.0
Exercisable at December 31, 2017		1,194,320	$	4.41		1.4

Schedule of Stock Based Compensation Expense

The following tables summarize total stock-based compensation costs recognized for the years ended December 31, 2017 and 2016:

	For the Years Ended December 31,
	2017		2016
Stock options	$	1,062,266	$	905,672
Warrants		194,565		-
Common Stock		217,568		270,000
Total	$	1,474,399	$	1,175,672

Schedule of Stock Based Compensation Reflected with Operations

The total amount of stock-based compensation was reflected within the statements of operations and comprehensive loss as:

	For the Years Ended December 31,
	2017		2016
General and administrative expenses	$	930,844	$	963,218
Sales and marketing expenses		543,555		212,454
Total	$	1,474,399	$	1,175,672