Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2018

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

Schedule of Restricted Common Stock Activity

The Company’s activity in restricted common stock was as follows for the three months ended March 31, 2018:

	Number of shares			Weighted average grant date fair value
Non–vested at January 1, 2018		3,850,000		$	1.42
Granted		750,000		$	1.97
Vested		(1,350,000	)	$	1.39
Forfeited		–
Non–vested at March 31, 2018		3,250,000		$	1.56

Schedule of Stock Options Activity

The following is a summary of the Company’s stock option activity for the three months ended March 31, 2018:

	Options		Weighted average exercise price		Weighted average Grant date fair value		Weighted average remaining life		Intrinsic value
Outstanding – January 1, 2018		6,000,000	$	0.71	$	1.29
Granted		–
Exercised		–
Forfeited/Cancelled		–
Outstanding – March 31, 2018		6,000,000	$	0.71	$	1.29		4.38	$	3,460
Exercisable – March 31, 2018		6,000,000	$	0.71	$	1.29		4.38	$	3,460