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Equity (Tables)
9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Summary of Option Activity
The following is a summary of option activities for the nine months ended September 30, 2017:  
 
 
Number of
Shares
 
Weighted
Average
Grant Date
Fair Value
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
(in years)
 
Aggregate
Intrinsic
Value
Outstanding, December 31, 2016
 
510,000

 
$
3.40

 
$
5.28

 
9.29
 
$
275,500

 
 
 
 
 
 
 
 
 
 
 
Granted
 
160,000

 
$
1.52

 
$
2.14

 
 
 
 

Outstanding, September 30, 2017
 
670,000

 
$
2.12

 
$
1.78

 
8.85
 
$
144,900

Exercisable, September 30, 2017
 
85,000

 
$
1.66

 
$
1.79

 
7.15
 
$
117,300