Stockholders' Equity

12 Months Ended

Dec. 31, 2015

Stockholders Equity Note [Abstract]

Stockholders' Equity

NOTE J — STOCKHOLDERS’ EQUITY

ISSUANCES OF PREFERRED AND COMMON STOCK  

During 2015, Milestone Scientific provided shares to be issued 29,865 shares valued at $100,000 for payment of employee bonus.

During 2015, Milestone Scientific issued 41,365 shares valued at $120,000 for payment of consulting services.

During 2015, Milestone Scientific issued 17,817 shares valued at $50,000 for payment of employee compensation.

During 2015, Milestone Scientific issued 16,666 shares valued at $21,165 for exercise of stock options to a consultant.

During 2015, Milestone Scientific issued 200,000 shares valued at $200,000 for exercise of stock options to an employee.

During 2014, Milestone Scientific issued 237,293 shares valued at $250,531 for exercise of stock options to employees.

During 2014, Milestone Scientific issued 151,666 shares valued at $56,916 for exercise of stock options to a consultant.

During 2014, Milestone issued 30,000 shares valued at $55,200 for the director’s compensation.

During 2014, Milestone issued 112,131 shares valued at $226,750 to a consultant.

During 2014, Milestone issued 147,731 shares valued at $274,500 for payment of consulting services.

During 2014, Milestone issued 26,156 shares valued at $46,041 for payment of employee compensation.

During 2014, Milestone issued 75,000 shares valued at $41,250 for exercise of stock options to three independent directors.

During 2014, Milestone issued 2,000,000 shares of common stock and 7,000 shares of Series A shares of preferred stock valued at $10,000,000 to an investor, minus professional fees of $500,000.

SHARES TO BE ISSUED

As of December 31, 2015 and 2014, there were 963,451 and 954,953 shares, respectively, that have been deferred from being issued, subject to employment agreements with the Chief Executive Officer, Chief Financial Officer and employees of Milestone Scientific. Such shares will be issued to each party upon termination of their employment. The number of shares were fixed at date of grant and there are no conditions other than continued employment by the officers. The grants were fully vested upon grant date.

SHARES RESERVED FOR FUTURE ISSUANCE

At December 31, 2015 and 2014 there were 2,391,220 and 2,443,749 shares reserved for future issuance and 1,427,769 and 1,488,796 shares underlying other stock options and warrants outstanding, respectively.  There were 963,451 shares in 2015 and 974,953 shares in 2014 to be issued in settlement of deferred compensation to officers of Milestone Scientific.