Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.7.0.1
Stockholders' Equity (Tables)
 3 Months Ended
Mar. 31, 2017
Stockholders' Equity [Abstract]  
Schedule of stock option activity
                Weighted Average     Aggregate  
    Stock Options     Exercise Price     Fair Value     Contractual     Intrinsic  
    Outstanding     Exercisable     Outstanding     Exercisable     Vested     Life (Years)     Value  
Balance – December 31, 2016     4,652,497       1,908,883     $ 0.92     $ 0.41     $ 0.41       8.24     $ -  
Granted     1,031,000       100,000       2.40       2.40       6.25       6.25       -  
Exercised     (16,250 )     -       -       -       -       -       -  
Cancelled     (48,750 )     -       -       -       -       -       -  
Balance – March 31, 2017     5,618,497       2,511,008     $ 1.01     $ 0.58     $ 0.58       6.72     $ 4,034,869  
Schedule of stock options outstanding and exercisable
            Weighted 
Average		   Weighted           Weighted  
Exercise     Number     Remaining   Average     Number     Average  
Price     Outstanding     Contractual Term   Exercise Price     Exercisable     Exercise Price  
                               
$ 0.05       72,876     5.01 years   $ 0.05       72,876     $ 0.05  
$ 0.26       1,024,810     7.03 years   $ 0.26       948,901     $ 0.26  
$ 0.73       1,475,687     7.63 years   $ 0.73       860,817     $ 0.73  
$ 1.00       313,124     8.31 years   $ 1.00       146,457     $ 1.00  
$ 1.10       10,000     8.78 years   $ 1.10       3,333     $ 1.10  
$ 1.17       70,000     8.62 years   $ 1.17       27,500     $ 1.17  
$ 1.22       125,000     8.85 years   $ 1.22       36,458     $ 1.22  
$ 1.50       40,000     8.92 years   $ 1.50       10,833     $ 1.50  
$ 1.55       1,456,000     8.94 years   $ 1.55       283,000     $ 1.55  
$ 2.40       1,031,000     9.84 years   $ 2.40       120,833     $ 2.40
Totals       5,618,497                   2,511,008