A summary of option activity for employees under the plans as of December 31, 2015 and 2014, and changes during the year then ended is presented below:

	Number of Options			Weighted Averaged Exercise Price $		Weighted Average Remaining Contractual Life (Years)		Aggregate Intrinsic Options Value $
Outstanding, January 1, 2014		1,484,499			1.03		2.88		-
Granted		390,470			2.25		4.87		-
Exercised		(312,293	)		0.93		-		-
Forfeited or expired		(90,546	)		1.30		-		-
Outstanding, December 31, 2014		1,472,130			0.79		3.23		1,430,231
Exercisable, December 31, 2014		1,036,185			1.10		2.75		1,244,074
Granted		157,306			3.01		4.18
Exercised during 2015		(200,000	)		1.00		-		-
Forfeited or expired		(10,000	)		1.00		-		-
Outstanding, December 31, 2015		1,419,436			1.56		2.78		1,220,338
Exercisable, December 31, 2015		1,041,680			1.29		2.41		1,135,819

	Number of Options			Weighted Averaged Exercise Price $
VESTED OPTIONS
Outstanding, January 1, 2014		1,115,006			0.97
Exercised		(312,293	)		0.93
Vested Options		324,018			1.45
Forfeited		(90,546	)		1.30
Outstanding, December 31, 2014		1,036,185			1.11
Exercised		(200,000	)		1.00
Vested Options		215,495			1.92
Forfeited		(10,000	)		1.00
Outstanding, December 31, 2015		1,041,680			1.29

NONVESTED OPTIONS
Nonvested, January 1, 2014		369,493			1.22
Granted		390,470			2.18
Vested		(324,018	)		1.45
Forfeited		-			-
Nonvested, December 31, 2014		435,945			1.87
Granted		157,306			3.01
Vested		(215,495	)		1.92
Forfeited		-			-
Nonvested, December 31, 2015		377,756			2.32

A summary of option activity for non-employees under the plans as of December 31, 2015 and 2014, and changes during the year ended is presented below:

	Number of Options			Weighted Averaged Exercise Price $		Weighted Average Remaining Contractual Life (Years)		Aggregate Intrinsic Options Value $
Outstanding, January 1, 2014		173,332			0.48		0.59		210,833
Exercisable, December 31, 2014		173,332			0.48		0.59		210,833
Exercised		(151,666	)		0.38		-		-
Forfeited		(5,000	)		1.15		-		-
Outstanding, December 31, 2014		16,666			1.27		0.62		17,166
Exercisable, December 31, 2014		16,666			1.27		0.62		17,166
Granted		8,333			2.70		4.83		22,499
Exercised		(16,666	)		-		-		-
Outstanding, December 31, 2015		8,333			2.70		4.83		-
Exercisable, December 31, 2015		2,777			2.70		4.83		-

	Number of Options			Weighted Averaged Exercise Price $
VESTED OPTIONS
Outstanding, January 1, 2014		173,332			0.48
Exercised		151,666			0.38
Forfeited		5,000			1.15
Outstanding, December 31, 2014		16,666			1.27
Vested		5,556			2.70
Exercised		166,666			1.27
Forfeited		-			-
Outstanding, December 31, 2015		2,777			2.70

NONVESTED OPTIONS
Nonvested January 1, 2014		-			-
Granted		8,333			2.70
Vested during 2015		2,777			3.70
Outstanding, December 31, 2015		5,556			2.70