Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2016

Equity [Abstract]

Schedule of Options Granted

Stock option activity under the 2005 and 2015 Plans are as follows:

	Number of Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life		Aggregate Intrinsic Value
2005 Plan
Maximum number of shares under the plan	3,000,000
Outstanding, December 31, 2014	918,969		$	0.53		4.4 years	$	374,600
Granted in 2015	0			0.00
Exercised in 2015	(160,956	)		0.26
Cancelled/Expired in 2015	(81,500	)		0.24
Outstanding, December 31, 2015	676,513		$	0.63		4.7 years	$	525,300
Exercisable, December 31, 2015	351,832		$	0.51		3.3 years	$	317,000
Available for issuance, December 31, 2015	0
Granted in 2016	0			0.00
Exercised in 2016	(27,051	)		0.64
Cancelled/Expired in 2016	(21,149	)		0.78
Outstanding, December 31, 2016	628,313		$	0.63		3.8 years	$	510,000
Exercisable, December 31, 2016	445,818		$	0.55		2.8 years	$	398,200
Available for issuance, December 31, 2016	0
2015 Plan
Maximum number of shares under the plan	2,000,000
Outstanding, December 31, 2014	0		$	0.00
Granted in 2015	716,500			1.27
Exercised in 2015	0			0.00
Cancelled/Expired in 2015	0			0.00
Outstanding, December 31, 2015	716,500		$	1.27		8.4 years	$	102,100
Exercisable, December 31, 2015	93,972		$	1.26		6.8 years	$	14,000
Available for issuance, December 31, 2015	1,283,500
Granted in 2016	135,648			1.26
Exercised in 2016	(11,793)			1.25
Cancelled/Expired in 2016	(52,740)			1.25
Outstanding, December 31, 2016	787,615		$	1.27		7.2 years	$	136,000
Exercisable, December 31, 2016	261,293		$	1.27		6.5 years	$	45,500
Available for issuance, December 31, 2016	1,212,385

Summary of Additional Information Related to the Options Outstanding

A summary of additional information related to the options outstanding as of December 31, 2016 under the 2005 and 2015 Plans are as follows:

2005 Plan Range of Exercise Prices	Number of Options	Weighted Average Remaining Contractual Life	Weighted Average Exercise Price
$0.17-$0.39	125,000	0.3 years 1.2 years	$	0.23
$0.40-$0.62	140,813	1.4 years	$	0.44
$0.63-$0.86	362,500	6.0 years	$	0.84
Total	628,313	3.8 years	$	0.63
2015 Plan Range of Exercise Prices
$1.20	3,000	9.1 years	$	1.20
$1.25	551,967	8.0 years	$	1.25
$1.26-1.38	232,648	5.3 years	$	1.31
Total	787,615	7.2 years	$	1.27