XML 63 R44.htm IDEA: XBRL DOCUMENT v3.7.0.1
Stockholders' Equity (Details Narrative) - USD ($)
1 Months Ended 3 Months Ended 12 Months Ended
Dec. 29, 2016
Nov. 29, 2016
Aug. 26, 2016
Sep. 24, 2015
Jun. 20, 2013
Mar. 31, 2016
Nov. 30, 2015
Oct. 21, 2015
Feb. 23, 2015
Jan. 31, 2015
Dec. 31, 2016
Dec. 31, 2016
Dec. 31, 2015
Reverse stock split     one-for-four reverse stock split                    
Number of shares of common stock 300,000   1,166 1,079,545         25,000        
Buy-out fees     $ 92                    
Warrant to purchase of common stock 200,000                        
Warrant Exercise price $ 1.00     $ 1.60       $ 1.60          
Fair value of warrant $ 87,000                        
Volatility 86.40%     81.40%       81.40%       85.60% 72.60%
Risk free return 1.96%                     1.30% 1.70%
Dividend yield 0.00%             0.00%       0.00% 0.00%
Stock options issued, exercise price per share       $ 0.88   $ 12.00   $ 0.88       $ 1.00 $ 2.40
Value of common stock sold       $ 950,000       $ 250,000 $ 41,000     $ 199,908 $ 1,128,336
Term       4 years       4 years       3 years 6 months 2 years 10 months 24 days
Number of shares exchanged for warrants exercised       215,910       56,818          
Fair value of options issued       $ 105,000       $ 28,000          
Stock options issued               284,091          
Stock based compensation           $ 36,000           $ 328,567 $ 974,137
Weighted-average grant date fair value of options granted                       $ 0.10 $ 0.12
Fair value of options vested during the year           $ 41,667           $ 71,000 $ 988,000
Number of option cancelled           75,000              
Stock compensation expense, description                       the Company had stock compensation expense of approximately $329,000 or $0.03 basic earnings per share ($974,000; $0.12 basic earnings per share - 2015).  
Stock compensation expense                       $ 329,000  
Unrecognized compensation costs                     $ 89,000 $ 89,000  
Stock Options [Member]                          
Stock options issued         6,000,000                
Restricted Stock [Member]                          
Number of restricted common stock issued                   7,500   224,750  
Restricted shares vested date                       May 17, 2017  
Restricted stock, value                   $ 11,000   $ 124,000  
Restricted Stock [Member] | January 12, 2017 [Member]                          
Number of restricted common stock issued                       150,000  
Restricted shares vested date                       May 17, 2017  
Restricted stock, value                       $ 126,000  
Accredited Investors [Member]                          
Warrant Exercise price   $ 1.60                      
Number of shares exchanged for warrants exercised   272,728                      
Consultant [Member]                          
Number of restricted common stock issued                       6,250  
Restricted stock, value                       $ 6,250  
Minimum [Member]                          
Risk free return       1.45%       1.35%          
Maximum [Member]                          
Risk free return       1.60%       1.36%          
Sales of Equity [Member]                          
Listing fees                       $ 25,000  
Stock Warrants [Member]                          
Warrant to purchase of common stock   750,000                      
Warrant Exercise price   $ 1.00                      
Fair value of warrant   $ 199,000                      
Volatility   86.40%                      
Risk free return   1.78%                      
Dividend yield   0.00%                      
Term   5 years                      
Stock based compensation                     $ 198,000    
Purchase Agreement [Member]                          
Purchase price $ 225,000                        
Media Advertising Services Agreement [Member] | Consultant [Member]                          
Number of restricted common stock issued             31,250            
Restricted stock, value             $ 27,500