Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2018

Equity [Abstract]

Summary of Outstanding Warrants

The following table summarizes information of outstanding warrants issued to investors and consultants in exchange for their services as of September 30, 2018:

	Warrants		Warrant Term			Exercise Price		Exercisable
Investors – Class A Warrants		571,429		August 2019		$	0.14		571,429
Investors – Class B Warrants		571,429		August 2019		$	0.14		571,429
Alimi Ahmed - Class E Warrants		900,000		(1	)	$	0.0001		900,000
Investors – Class F Warrants		27,692,855		January 2019 -April 2019		$	0.14		27,697,855
Investors – Class G Warrants		27,692,855		January 2019 -April 2019		$	0.28		27,697,855
Investors - Class H Warrants		200,000		January 2020		$	0.14		200,000

(1) During 2015, a total of 2,700,000 Class E Warrants were issued by the Company to Lior Wayn pursuant to the terms of the Share Exchange Agreement and were exercisable in three equal tranches of 900,000 Shares each (the “Tranches”) at an exercise price of $0.0001 per share of the Company’s common stock, subject to and within 45 days of the Company achieving the milestones defined in the Share Exchange Agreement. On December 16, 2016, the Company terminated Lior Wayn’s employment agreements with the Company and Emerald Israel, and removed him as an executive officer and director. During 2017, Mr. Wayn transferred, sold and assigned his 5,212,878 shares of the Company’s common stock and 900,000 Class E Warrants that were fully-vested to an entity controlled by Mr. Alimi Ahmed, then a member of the Company’s Board of Directors. Effective as of December 31, 2016, the remaining 1,800,000 Class E Warrants that had been issued to Mr. Wayn were canceled.

Summary of Employee Stock Option Activity

A summary of the Company’s activity related to issuances of options to the Company’s employees, executives, directors and consultants and related information for the nine months ended September 30, 2018 and the fiscal year ended December 31, 2017 is as follows:

	For the nine-month period ended September 30, 2018							For the year ended December 31, 2017
	Amount of options			Weighted average exercise price		Aggregate intrinsic value		Amount of options			Weighted average exercise price			Aggregate intrinsic value
				$		$					$			$
Outstanding at beginning of year		62,500			0.01				4,193,397			0.11
Granted
Exercised		(62,500	)		0.01				-			-
Cancelled		-			-				(4,130,397	)		(0.11	)
Outstanding at the end of period		-			-				62,500			0.01
Vested and expected-to-vest at end of period		-			-		-		62,500			0.01			-

Schedule of Stock Options Outstanding Exercise Price Range

The stock options outstanding as of September 30, 2018, and December 31, 2017, have been separated into exercise prices, as follows:

Exercise price		Stock options outstanding as of				Weighted average remaining contractual life – years as of				Stock options exercisable as of
		September 30, 2018		December 31, 2017		September 30, 2018		December 31, 2017		September 30, 2018		December 31, 2017
	0.01		-		62,500		-		8.25		-		62,500
	0.01		-		62,500		-		8.25		-		62,500