Annual report pursuant to Section 13 and 15(d)

STOCK-BASED COMPENSATION AND EMPLOYEE BENEFIT PLAN (Details 1)

v3.7.0.1
STOCK-BASED COMPENSATION AND EMPLOYEE BENEFIT PLAN (Details 1) - $ / shares
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Number Of Shares    
Outstanding at beginning 1,035,000 2,027,400
Granted 80,000 75,000
Exercised   (55,500)
Forfeited/expired/canceled (250,000) (1,011,900)
Outstanding at end 865,000 1,035,000
Vested and exercisable at end 767,825 776,055
Weighted Average Exercise Price:    
Outstanding at beginning $ 0.91 $ 0.72
Granted 0.67 0.87
Exercised   0.50
Forfeited/expired/canceled 0.92 0.55
Outstanding at end 0.89 0.91
Vested and exercisable at end $ 0.89 $ 0.91
Weighted Average Remaining Contractual Term:    
Outstanding at beginning 3 years 3 months 18 days 2 years 7 months 6 days
Outstanding at end 2 years 8 months 12 days 3 years 3 months 18 days
Vested and exercisable at end   6 months 7 days
Weighted Average Grant Date Fair Value    
Outstanding at beginning $ 0.40 $ 0.23
Granted 0.20 0.32
Exercised   0.05
Forfeited/expired/canceled 0.36 0.07
Outstanding at end 0.40 0.40
Vested and exercisable at end $ 0.40 $ 0.30