Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2017

Workers Compensation Discount [Abstract]

Summary of share-based compensation activity

Common stock option and restricted stock award activity under the Plan was as follows:

			Options and RSAs Outstanding
	Shares Available		Number of		Weighted Average Exercise
	for Grant		Shares		Price Per Share
Balance at December 31, 2016		175,046		514,772	$	2.77
Options granted		-		-	$	-
Options forfeited		-		-	$	-
Options expired		27,244		(27,244)	$	15.80
Balance at September 30, 2017		202,290		487,528	$	2.04
Total vested and expected to vest shares (options)				487,528	$	2.04
Total vested shares (options)				280,742	$	2.37

Outstanding options

The following table summarizes information with respect to stock options outstanding at September 30, 2017:

Options Outstanding								Options Vested
				Weighted-						Weighted-
				Average		Weighted-				Average
Exercise				Remaining		Average				Exercise
Price Per		Shares		Contractual		Exercise		Shares		Price Per
Share		Outstanding		Life (Years)		Price		Exercisable		Share
$	1.41		305,000		8.81	$	1.41		120,840	$	1.41
$	3.10		182,528		7.48	$	3.10		159,902	$	3.10
			487,528		8.31	$	2.04		280,742	$	2.37

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

There were no stock options granted during the nine months ended September 30, 2017. For the nine months ended September 30, 2016, the fair value of employee stock options granted was estimated using the following weighted-average assumptions:

Expected volatility	68	%
Risk free rate	1.18	%
Dividend yield	0	%
Expected term (in years)	5.70

Schedule Of Stock Based Compensation Of Employees And Non Employees

Stock-based compensation for employees and non-employees related to options and RSAs recognized:

	For the three months ended Sept. 30				For the nine months ended Sept. 30
	2017		2016		2017		2016
General and administrative	$	85,776	$	152,170	$	334,797	$	545,626