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Stock Options / Warrant Grants (Tables)
9 Months Ended
Sep. 30, 2015
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The following table summarizes weighted-average assumptions using the Black-Scholes option-pricing model used on the date of the grants issued during the nine months ended September 30, 2014 and 2013:
 
 
 
Nine months ended September 30,
 
 
 
2015
 
2014
 
Volatility
 
63% - 64%
 
197%
 
Expected term (years)
 
10
 
7.5 yrs
 
Risk-free interest rate
 
1.92% - 2.33%
 
0.87%
 
Dividend yield
 
0%
 
0%
 
Warrant [Member]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
Warrant activity for the nine months ended September 30, 2015 and the nine months ended September 30, 2014 is summarized as follows:
   
Nine months ended September 30, 2015
 
Nine months ended September 30, 2014
 
 
 
 
 
 
 
 
Aggregate
 
 
 
 
 
 
Aggregate
 
 
 
 
 
 
Weighted
 
Intrinsic
 
 
 
 
Weighted
 
Intrinsic
 
 
 
 
 
 
Average
 
Value as of
 
 
 
 
Average
 
Value as of
 
 
 
 
 
 
Exercise
 
September
 
 
 
 
Exercise
 
September
 
 
 
Shares
 
Price
 
30, 2015
 
Shares
 
Price
 
30, 2014
 
Warrants outstanding at beginning of period
 
 
3,303,000
 
$
0.17
 
 
 
 
 
3,303,000
 
$
0.17
 
 
 
 
Granted
 
 
0
 
 
NA
 
 
 
 
 
0
 
 
NA
 
 
 
 
Exercised
 
 
0
 
 
NA
 
 
 
 
 
0
 
 
NA
 
 
 
 
Cancelled/expired
 
 
(918,000)
 
$
0.15
 
 
 
 
 
0
 
$
0.14
 
 
 
 
Warrants outstanding at end of period
 
 
2,385,000
 
$
0.17
 
$
0
 
 
3,303,000
 
$
0.17
 
$
0
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Warrants exercisable at end of period
 
 
2,385,000
 
$
0.17
 
 
 
 
 
3,303,000
 
$
0.17
 
 
 
 
Employee Stock Option [Member]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
Stock option activity for the nine months ended September 30, 2015, and the nine months ended September 30, 2014 is summarized as follows:
 
Nine months ended September 30, 2015
 
Nine months ended September 30, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Aggregate
 
 
 
 
 
 
 
 
Aggregate
 
 
 
 
 
 
Intrinsic
 
 
 
 
 
 
Weighted
 
Intrinsic
 
 
 
 
Weighted
 
Value as of
 
 
 
 
 
 
Average
 
Value as of
 
 
 
 
Average
 
September
 
 
 
 
 
 
Exercise
 
September
 
 
 
 
Exercise
 
30,
 
 
 
Shares
 
Price
 
30, 2015
 
Shares
 
Price
 
2014
 
Options outstanding at beginning of period
 
 
1,295,000
 
$
0.27
 
 
 
 
 
3,316,000
 
$
0.69
 
 
 
 
Granted
 
 
340,000
 
$
0.12
 
 
 
 
 
80,000
 
$
0.12
 
 
 
 
Exercised
 
 
0
 
 
NA
 
 
 
 
 
0
 
 
NA
 
 
 
 
Cancelled/expired
 
 
(200,000)
 
$
0.90
 
 
 
 
 
(838,000)
 
$
1.07
 
 
 
 
Options outstanding at end of period
 
 
1,435,000
 
 
0.14
 
$
16,300
 
 
2,558,000
 
$
0.22
 
$
6,150
 
Options exercisable at end of period
 
 
1,027,000
 
$
0.15
 
 
 
 
 
2,209,000
 
$
0.23