Stock Options (Details Narrative) - USD ($) |
12 Months Ended | ||
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Nov. 21, 2014 |
Dec. 31, 2016 |
Dec. 31, 2015 |
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Number of stock options granted | 5,860,000 | 3,350,000 | |
Exercise price of common stock granted | $ 0.09 | $ 1.12 | |
Weighted average grant date fair value of options granted | $ 0.09 | $ 0.15 | |
Expense recognized relating to stock options | $ 457,881 | $ 836,592 | |
Unrecognized stock based compensation expense | $ 369,730 | ||
Expiration date | Jul. 31, 2019 | ||
Executive Employment Agreement [Member] | Rory Cutaia [Member] | |||
Number of stock options granted | 800,000 | ||
Exercise price of common stock granted | $ 0.50 | ||
Number of stock options vested immediately | 400,000 | ||
Number of stock options expected to vest one year from execution date | 400,000 | ||
Number of stock options vested on each anniversary | 250,000 |
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- Definition Represents number of stock options vested on each anniversary. No definition available.
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- Definition As of the balance sheet date, the number of shares into which expected to vest stock options outstanding can be converted under the option plan. No definition available.
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- Definition Unrecognized cost of unvested options awarded to employees as compensation. No definition available.
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- Definition Date the equity-based award expires, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Gross number of share options (or share units) granted during the period. No definition available.
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- Definition The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Weighted average per share amount at which grantees can acquire shares of common stock by exercise of options. No definition available.
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- Definition Number of options vested. No definition available.
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- Definition The noncash expense that accounts for the value of stock or unit options distributed to employees as compensation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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