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STOCKHOLDERS’ EQUITY(Tables)
12 Months Ended
Dec. 31, 2016
Stockholders' Equity Attributable to Parent [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
As of December 31, 2016 and 2015, the Company has outstanding options to purchase 26,731,207 and 14,759,914 shares of common stock, respectively.
 
 
 
 
 
 
 
 
 
 
 
Intrinsic
 
 
 
 
 
 
 
Wtd Avg.
 
 
 
Value
 
 
 
Number of
 
Wtd Avg.
 
Remaining
 
 
 
of
 
 
 
Options
 
Exercise Price
 
Term
 
Exercisable
 
Options
 
Outstanding at December 31, 2014
 
 
11,434,350
 
$
0.47
 
 
3.79
 
 
5,635,250
 
$
460,941
 
Granted
 
 
8,278,880
 
 
0.16
 
 
 
 
 
 
 
 
 
 
Forfeited/Expired
 
 
(4,953,316)
 
 
0.00
 
 
 
 
 
 
 
 
 
 
Outstanding at December 31, 2015
 
 
14,759,914
 
$
0.30
 
 
3.61
 
 
8,374,294
 
$
235,330
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Granted
 
 
12,508,877
 
 
0.09
 
 
4.87
 
 
 
 
 
 
Forfeited/Expired
 
 
(1,537,584)
 
 
0.29
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding at December 31, 2016
 
 
25,731,207
 
$
0.20
 
 
3.34
 
 
15,091,366
 
$
1,161,244
 
Schedule of Other Share-based Compensation, Activity [Table Text Block]
Below is a table summarizing the Company’s outstanding warrants as of December 31, 2016 and December 31, 2015:
 
 
 
 
 
 
 
 
 
Intrinsic
 
 
 
 
 
 
 
Wtd Avg.
 
Value
 
 
 
Number of
 
Wtd Avg.
 
Remaining
 
of
 
 
 
Warrants
 
Exercise Price
 
Term
 
Warrants
 
Outstanding at December 31, 2014
 
 
16,527,989
 
$
0.46
 
 
3.69
 
$
309,821
 
Granted
 
 
28,913,020
 
 
0.11
 
 
 
 
 
 
 
Exercised
 
 
(109,855)
 
 
0.40
 
 
 
 
 
 
 
Forfeited
 
 
(2,084,296)
 
 
0.43
 
 
 
 
 
 
 
Outstanding at December 31, 2015
 
 
43,246,858
 
$
0.22
 
 
4.15
 
$
1,167
 
Granted
 
 
21,681,264
 
 
0.03
 
 
4.87
 
 
 
Forfeited/Expired
 
 
(1,495,081)
 
 
0.48
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding at December 31, 2016
 
 
63,433,041
 
$
0.15
 
 
3.55
 
$
3,662,610
 
Nonvested Restricted Stock Shares Activity [Table Text Block]
The following table summarizes the restricted stock activity for the two years ended December 31, 2015:
 
Restricted shares issued as of January 1, 2015
 
 
-
 
Granted
 
 
-
 
Total Restricted Shares Issued at December 31, 2015
 
 
-
 
Granted
 
 
1,252,620
 
Total Restricted Shares Issued at December 31, 2016
 
 
1,252,620
 
Vested at December 31, 2016
 
 
-
 
Unvested restricted shares as of December 31, 2015
 
 
1,252,620