Quarterly report pursuant to Section 13 or 15(d)

Share Based Payments and Stock Options (Tables)

v3.8.0.1
Share Based Payments and Stock Options (Tables)
3 Months Ended
Mar. 31, 2018
Share Based Payments and Stock Options [Abstract]  
Schedule of share-based payment expense and new shares issued
      Three Months Ended
March 31,
 
      2018     2017  
  Restricted shares issued         -  
  Shares based expense from issuance of common stock   $ 61,900     $ 77,000  
  Shares based expense from issuance of common stock options   $ 77,050       -  
  Subtotal shares issued for services and options issued   $ 138,950     $ 77,000  
  Warrants issued for services     77,250       -  
  Total non-cash compensation   $ 216,200     $ 77,000  
Summary of option outstanding
  Options   Shares     Weight - Average Exercise Price     Weighted - Average Remaining Contractual Term   Weighted - Average Grant Date Fair Value  
  Outstanding at December 31, 2017     2,622,000     $ .99     2.35 years   $ .32  
  Granted     105,000     $ 3.48         $ 1.89  
  Exercised     (118,333 )   $ .69         $ .11  
  Forfeited or expired     (116,667 )   $ .77         $ .17  
  Outstanding at March 31, 2018     2,492,000     $ 1.12     2.28 years   $ .40  
  Options vested at March 31, 2018     1,863,998     $ .82     1.56 years   $ .20