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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2015
Stockholders' Equity Note [Abstract]  
Schedule of Stockholders Equity

 

Gross cash proceeds   $ 3,390,000  
Less: gross proceeds allocated to warrants liability – investors     (1,356,000 )
Gross proceeds allocated to additional paid-in capital and common stock     2,034,000  
Less: cash issuance costs – legal fees     (20,000 )
Recorded in additional paid-in capital and common stock   $ 2,014,000  

Schedule of Share-based Compensation, Activity

The following table summarizes options outstanding as of December 31, 2015 and 2014 that were granted from stock based compensation plans that are inactive. As of December 31, 2015 such plans can no longer grant options.

 

        Options Outstanding  
    Year   Beginning of
Year
    Granted     Exercised     Cancelled     End of Year  
2008 Stock Option Plan   2015     430,000             (6,000 )     (28,455 )     395,545  
2005 Equity Incentive Plan   2015     17,333                   (3,333 )     14,000  
Supplemental Stock Option Agreement   2015     333                         333  
          447,666             (6,000 )     (31,788 )     409,878  
                                             
2008 Stock Option Plan   2014     641,255             (16,455 )     (194,800 )     430,000  
2005 Equity Incentive Plan   2014     64,833             (667 )     (46,833 )     17,333  
1998 Stock Option/Stock Issuance Plan   2014                                  
Supplemental Stock Option Agreement   2014     333                         333  
          706,421             (17,122 )     (241,633 )     447,666  

Schedule of Share-based Compensation, Stock Options, Activity

A summary of the status of all of the options outstanding under all of the Company’s stock option plans, and non-plan grants to consultants, as of December 31, 2015 and 2014, and changes during the years then ended, is presented in the following table:

 

    2015     2014  
    Shares     Weighted
Average
Exercise
Price
    Shares     Weighted
Average
Exercise
Price
 
Beginning     685,867     $ 2.70       801,289     $ 3.15  
Granted     57,911     $ 1.80       230,000     $ 2.10  
Exercised     (6,000 )   $ 0.79       (17,121 )   $ 2.85  
Forfeited or expired     (31,788 )   $ 3.26       (328,301 )   $ 3.60  
Ending     705,990     $ 2.63       685,867     $ 2.70  
Exercisable at year-end     705,990       2.63       685,867     $ 2.70  
Vested or expected to vest at year-end     704,763     $ 2.64       676,299     $ 2.70  
Weighted average fair value of options granted during the period           $ 2.63             $ 2.70  

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range

The following table summarizes information about stock options outstanding as of December 31, 2015:

 

    Options Outstanding     Options Exercisable  
Range of Exercise
Price
  Number
Outstanding
    Weighted
Average
Remaining
Contractual
Life (Years)
    Weighted
Average
Exercise
Price
    Number Exercisable     Weighted
Average
Exercise
Price
 
$0.75-$1.80     104,111       7.10     $ 1.35       58,789     $ 1.01  
$1.82-$1.82     93,333       8.42     $ 1.82       37,475     $ 1.82  
$2.06-$2.40     73,000       6.67     $ 2.28       70,778     $ 2.29  
$2.48-$2.48     7,333       1.04     $ 2.48       7,333     $ 2.48  
$2.54-$2.54     113,333       8.92     $ 2.54       37,778     $ 2.54  
$2.55-$3.00     80,667       6.04     $ 2.71       80,667     $ 2.71  
$3.03-$3.30     45,600       5.32     $ 3.08       45,600     $ 3.08  
$3.45-$3.45     106,412       5.83     $ 3.45       106,412     $ 3.45  
$4.20-44.20     80,000       5.69     $ 4.20       80,000     $ 4.20  
$5.70-$6.88     2,201       5.97     $ 6.38       1,816     $ 6.32  
$0.75-$6.68     705,990       6.87     $ 2.63       526,648     $ 2.81  

Schedule of Unvested Restricted Stock Units Roll Forward

A summary of the status of all of the Company’s unreleased restricted stock awards as of December 31, 2015 and 2014 and changes during the years then ended, is summarized in the following table.

 

    2015     2014  
    Shares     Weighted
Average
Fair Value
    Shares     Weighted
Average Fair
Value
 
Beginning unreleased     287,666     $ 2.66       262,562     $ 4.20  
Awarded     15,000     $ 2.35       291,467     $ 2.46  
Released     (116,500 )   $ 3.09       (98,319 )   $ 3.75  
Forfeited     (79,580 )   $ 2.42       (168,044 )   $ 3.75  
Ending unreleased     106,586     $ 2.31       287,666     $ 2.70