Annual report pursuant to Section 13 and 15(d)

10. Stock Options (Tables)

v3.8.0.1
10. Stock Options (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of stock option activity

   

Options

Outstanding

Number of

Shares

   

Exercise Price

per Share

   

Weighted

Average

Remaining

Contractual

Life

   

Aggregate

Intrinsic Value

   

Weighted

Average

Exercise Price

per Share

 
Balance at December 31, 2016     1,373,554     $ 2.82 - 12.00        3.99 years     $ 280,642     $ 8.14  
Options Granted     -                                  
Options Exercised     -                                  
Options Cancelled     79,509                                  
Options Expired     -                                  
Balance at December 31, 2017     1,294,045     $ 2.82 - 12.00        2.99 years     $ -     $ 8.14  
                                         
Exercisable December 31, 2016     452,535     $ 2.82 - 6.00        3.95 years     $ 263,375     $ 5.29  
Exercisable December 31, 2017     1,070,869     $ 2.82 - 9.00        2.96 years     $ -     $ 7.44  
Schedule of assumptions used

Exercise Price $2.82 - $12.00
Dividend Yield 0%
Volatility 100% - 137%
Risk-free interest rate 0.89% - 1.25%
Expected life of options 2.5 - 3.5 years