Stock–Based Compensation (Tables)

12 Months Ended

Dec. 31, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Stock Incentive Plan and Stock-based Compensation

The Company’s activity in restricted common stock was as follows for the year ended December 31, 2017:

	Number of shares			Weighted average grant date fair value
Non–vested at January 1, 2017		1,000,000		$	2.31
Granted		4,150,000		$	1.24
Vested		(1,300,000	)	$	1.54
Forfeited		–
Non–vested at December 31, 2017		3,850,000		$	1.42

Schedule of Stock Options Activity

The following is a summary of the Company’s stock option activity for year ended December 31, 2017:

	Options		Weighted Average exercise price		Weighted average Grant date fair value		Weighted average remaining life		Intrinsic value
Outstanding – January 1, 2017		6,000,000	$	0.71	$	1.28
Granted		–
Exercised		–
Forfeited/Cancelled		–
Outstanding – December 31, 2017		6,000,000	$	0.71	$	1.29		4.62	$	24,310
Exercisable – December 31, 2017		6,000,000	$	0.71	$	1.29		4.62	$	24,310