General form of registration statement for all companies including face-amount certificate companies

STOCKHOLDERS' EQUITY (Tables)

v3.2.0.727
STOCKHOLDERS' EQUITY (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2015
Dec. 31, 2014
Stockholders' Equity Note [Abstract]    
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
The following table represents stock option activity for the three months ended March 31, 2015:
 
 
 
 
 
 
 
 
 
Weighted Average
 
 
 
Stock Options
 
Exercise Price
 
Fair Value
 
Contractual
 
Aggregate
 
 
 
Outstanding
 
Exercisable
 
Outstanding
 
Exercisable
 
Vested
 
Life (Years)
 
Intrinsic
 
Balance - December 31, 2014
 
 
2,609,811
 
 
459,437
 
$
0.38
 
$
0.17
 
$
0.17
 
 
9.57
 
$
-
 
Granted
 
 
786,696
 
 
786,696
 
 
1.00
 
 
1.00
 
 
0.38
 
 
1.27
 
 
-
 
Exercised
 
 
(55,548)
 
 
(55,548)
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Cancelled
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Balance - March 31, 2015
 
 
3,340,959
 
 
1,360,374
 
$
0.62
 
$
0.31
 
$
0.31
 
 
7.55
 
$
2,458,311
 
The following table represents stock option activity for the years ended December 31, 2014 and 2013:
 
 
 
 
 
 
 
 
Weighted Average
 
 
 
Stock Options
 
Exercise Price
 
Fair Value
 
Contractual
 
Aggregate
 
 
 
Outstanding
 
Exercisable
 
Outstanding
 
Exercisable
 
Vested
 
Life (Years)
 
Intrinsic Value
 
Balance – December 31, 2012
 
 
1,471,699
 
 
332,861
 
$
0.05
 
$
0.05
 
$
0.05
 
 
9.26
 
$
-
 
Granted
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Exercised
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Cancelled
 
 
(1,307,728)
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Balance – December 31, 2013
 
 
163,971
 
 
83,123
 
$
0.05
 
$
0.05
 
$
0.05
 
 
8.26
 
$
34,434
 
Granted
 
 
2,536,935
 
 
-
 
 
0.53
 
 
-
 
 
-
 
 
-
 
 
-
 
Exercised
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Cancelled
 
 
(91,095)
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Balance – December 31, 2014
 
 
2,609,811
 
 
459,347
 
$
0.38
 
$
0.17
 
$
0.17
 
 
9.57
 
$
1,174,741
 
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
The following table summarizes information on stock options outstanding and exercisable as of March 31, 2015:
 
 
 
 
 
 
 
Weighted
 
Weighted
 
 
 
Weighted
 
Exercise
 
Number
 
Average Remaining
 
Average
 
Number
 
Average
 
Price
 
Outstanding
 
Contractual Term
 
Exercise Price
 
Exercisable
 
Exercise Price
 
$
0.05
 
 
72,876
 
 
7.01
 
$
0.05
 
 
57,693
 
$
0.05
 
$
0.26
 
 
1,061,248
 
 
9.03
 
$
0.26
 
 
529,867
 
$
0.26
 
$
0.73
 
 
1,475,687
 
 
9.63
 
$
0.73
 
 
41,666
 
$
0.73
 
$
1.00
 
 
731,148
 
 
1.27
 
$
1.00
 
 
731,148
 
$
1.00
 
Totals
 
 
3,340,959
 
 
 
 
 
 
 
 
1,360,374
 
 
 
 
The following table summarizes information on stock options outstanding and exercisable as of December 31, 2014:
 
 
 
 
 
 
 
Weighted
 
Weighted
 
 
 
 
Weighted
 
Exercise
 
Number
 
Average Remaining
 
Average
 
Number
 
Average
 
Price
 
Outstanding
 
Contractual Term
 
Exercise Price
 
Exercisable
 
Exercise Price
 
$
0.05
 
 
72,876
 
 
7.26
 
$
0.05
 
 
53,138
 
$
0.05
 
$
0.26
 
 
1,061,248
 
 
9.28
 
$
0.18
 
 
395,882
 
$
0.18
 
$
0.73
 
 
1,475,687
 
 
9.87
 
$
0.73
 
 
10,417
 
$
0.73
 
Totals
 
 
2,609,811
 
 
 
 
 
 
 
 
459,437
 
 
 
 
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]  
The following table represents warrant activity for the years ended December 31, 2014 and 2013:
 
 
 
 
 
 
 
Weighted Average
 
 
 
Warrants
 
Exercise Price
 
Fair Value
 
Contractual
 
Aggregate
 
 
 
Outstanding
 
Exercisable
 
Outstanding
 
Exercisable
 
Vested
 
Life (Years)
 
Intrinsic Value
 
Balance – December 31, 2012
 
 
-
 
 
-
 
$
-
 
$
-
 
$
-
 
 
-
 
$
-
 
Granted
 
 
15,596
 
 
15,596
 
 
0.99
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercised
 
 
-
 
 
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
Cancelled
 
 
-
 
 
 
 
 
-
 
 
-
 
 
-
 
 
 
 
 
 
 
Balance – December 31, 2013
 
 
15,596
 
 
15,596
 
$
0.99
 
$
0.99
 
$
0.05
 
 
-
 
$
-
 
Granted
 
 
918,021
 
 
918,021
 
 
0.27
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercised
 
 
-
 
 
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
Cancelled
 
 
-
 
 
 
 
 
-
 
 
-
 
 
-
 
 
 
 
 
 
 
Balance – December 31, 2014
 
 
933,617
 
 
933,617
 
$
0.28
 
$
0.28
 
$
0.21
 
 
8.64
 
$
646,768