Organization and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2015

Accounting Policies [Abstract]

Weighted Average Fair Market Value of the Options Granted Estimated on the Date of Grant Assumptions

The weighted average fair market value of the options granted in the years ended December 31, 2015 and 2014 were estimated on the date of grant, using a Black-Scholes option pricing model with the following assumptions:

	2015			2014
Expected life of options (using the “simplified method”)		5.3 years			4.5 – 5.5years
Average risk-free interest rate		1.4	%		1.6%- 1.7	%
Average expected volatility of stock		133	%		121%-128	%
Expected dividend rate		None			None
Fair value of options granted		$ 755,105			$ 210,527