Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2017

Stockholders Equity Deficit Tables [Abstract]

Summary of Compensation Expense for Stock Options Granted to Employees

The following table summarizes the assumptions the Company utilized to record compensation expense for stock options granted to employees during the year ended December 31, 2016:

Assumptions	For the Year Ended December 31, 2017			For the Year Ended December 31, 2016
Expected term (years)		-			2.5
Expected volatility		0	%		162	%
Weighted-average volatility		0	%		162	%
Risk-free interest rate		0.00	%		1.43	%
Dividend yield		0.0	%		0.0	%
Expected forfeiture rate	n/a			n/a

Summary of Stock Option Activity

A summary of the Company’s stock option activity during the year ended December 31, 2017 is presented below:

	No. of Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value
Balance outstanding at December 31, 2016		1,304,788		$	0.22
Granted		-		$	-
Exercised		—		$	-
Forfeited		—		$	-
Expired		(2,736	)	$	12.13
Balance outstanding at December 31, 2017		1,302,052		$	0.20		3.3	$	1,717,000
Exercisable at December 31, 2017		1,302,052		$	0.20		3.3	$	1,717,000

Summary of Restricted Common Stock Activity

The following table summarizes restricted common stock activity:

	Number of Shares		Fair Value		Weighted Average Grant Date Fair Value
Non-vested, December 31, 2016		-	$	-	$	-
Granted		3,267,500		1,813,500		0.56
Vested		-		-		-
Forfeited		-		-		-
Non-vested, December 31, 2017		3,267,500	$	1,813,500	$	0.56