Quarterly report pursuant to Section 13 or 15(d)

12. Warrants (Tables)

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12. Warrants (Tables)
3 Months Ended
Mar. 31, 2017
Warrants and Rights Note Disclosure [Abstract]  
Schedule of warrant activity
    Warrants
Outstanding
Number of
Shares
    Exercise
Price per
Share
    Weighted
Average
Remaining
Contractual
Life
    Weighted
Average
Exercise Price
per Share
    Aggregate
Intrinsic
Value
 
Balance at December 31, 2016     1,651,698     $ 3.30 – 6.00       3.75 years     $ 3.49     $ 3,301,913  
Warrants Granted     1,286,690       3.30 – 5.30                   ؘ–  
Warrants Exercised     1,171,690       3.30       –-              
Warrants Expired                                      
Balance at March 31, 2017     1,766,698     $ 3.30 – 6.00       4.44 years     $ 4.03     $ 476,698  
                                         
Exercisable December 31, 2016     1,651,698     $ 3.30 – 6.00       3.75 years     $ 3.49     $ 3,301,913  
Exercisable March 31, 2017     1,279,999     $ 3.30 – 6.00       4.28 years     $ 3.54     $ 476,698