Quarterly report pursuant to Section 13 or 15(d)

Share-based Payments (Tables)

v3.10.0.1
Share-based Payments (Tables)
 3 Months Ended
Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock Options Activity

The following table summarizes the option activities for the three months ended March 31, 2018:

 

                Weighted        
          Weighted     Average        
          Average     Remaining     Aggregate  
    Number of     Exercise     Contractual     Intrinsic  
    Shares     Price     Term (years)     Value  
Balance at December 31, 2017     255,000     $ 4.25       2.02     $    -  
Granted     -       -       -       -  
Exercised     -       -       -       -  
Forfeited     -       -       -       -  
Canceled/Expired     -       -       -       -  
Balance at March 31, 2018     255,000     $ 4.25       1.78     $ -  
Exercisable as of March 31, 2018     250,334     $ 4.27       1.75     $ -  

Schedule of Non Vested Share Activity

A summary of the Company’s non-vested shares as of March 31, 2018 and the changes during the three months then ended are as follows:

 

          Weighted  
          Average Grant  
Non-Vested Shares   Shares     Date Fair Value  
Non-vested at December 31, 2017     4,666     $ 2.36  
Granted     -       -  
Vested     -       -  
Forfeited     -       -  
Non-vested at March 31, 2018     4,666     $ 2.36  

Summary of Warrant Activity

The table below summarizes the warrant activity for the three months ended March 31, 2018:

 

          Weighted     Average  
          Average     Remaining  
    Number of     Exercise     Contractual  
    Warrants     Price     Term (years)  
Balance at December 31, 2017     49,490,571     $ 0.22       4.95  
Granted     -       -       -  
Exercised     (30,492,070 )     0.19       -  
Forfeited     -       -       -  
Canceled/Expired     -       -       -  
Balance at March 31, 2018     18,998,501     $ 0.28       4.68  
Exercisable as of March 31, 2018     18,998,501     $ 0.28       4.68