XML 25 R16.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stock Options and Warrants (Tables)
9 Months Ended
Sep. 30, 2018
Schedule of Share-based Compensation, Stock Options, Activity
   

Nine months ended September 30,

2018

   

Nine months ended September 30,

2017

 
   

 

Shares

    Weighted Average Exercise Price    

Aggregate

Intrinsic Value

as of September 30, 2018

   

 

Shares

    Weighted Average Exercise Price    

Aggregate Intrinsic Value

as of

September 30, 2017

 
Warrants outstanding at beginning of period     2,060,000     $ 0.18             2,060,000     $ 0.18        
Granted     0     NA             0     NA        
Exercised     0     NA             0     NA        
Cancelled/expired     (60,000 )   $ 0.18             0     NA        
Warrants outstanding at end of period     2,000,000     $ 0.18     $ 0       2,060,000     $ 0.18     $ 0  
Warrants exercisable at end of period     2,000,000     $ 0.18               2,060,000     $ 0.18          
Employee Stock Option [Member]  
Schedule of Share-based Compensation, Stock Options, Activity
   

Nine months ended September 30,

2018

   

Nine months ended September 30,

2017

 
   

 

Shares

    Weighted Average Exercise Price    

Aggregate

Intrinsic

Value as of September 30, 2018

   

 

Shares

   

Weighted Average Exercise

Price

   

Aggregate Intrinsic

Value as of September 30,

2017

 
Options outstanding at beginning of period     2,147,000     $ 0.13             2,107,000     $ 0.13        
Granted     80,000     $ 0.10             40,000     $ 0.13        
Exercised     0     NA             0     NA        
Cancelled/expired     (5,000 )   $ 0.26             0     NA        
Options outstanding at end of period     2,222,000     $ 0.13     $ 3,000       2,147,000     $ 0.13     $ 15,000  
Options exercisable at end of period     2,142,000     $ 0.13               1,647,000     $ 0.13          
Schedule of assumptions used
    Nine months ended  
    2018     2017  
Volatility     79 %     81 %
Expected term (years)   10 years        10 years   
Risk-free interest rate     2.90 %     2.16 %
Dividend yield     0 %     0 %