Annual report pursuant to Section 13 and 15(d)

Warrants and Options (Tables)

v3.8.0.1
Warrants and Options (Tables)
12 Months Ended
Dec. 31, 2017
Warrant [Member]  
Summarizes changes in warrants outstanding

    Number of Warrants    

Weighted Average

Exercise Price

($)

 
Outstanding, December 31, 2016     2,162,638       2.40  
Granted     -       -  
Exercised     (392,651 )     2.38  
Expired     (38,307 )     2.40  
Outstanding, December 31, 2017     1,731,680       2.36  
                 
Exercisable, December 31, 2017     1,606,680       2.35  

Summarizes warrants issued and outstanding

Number

Outstanding

   

Number

Exercisable

   

Exercise

Price

($)

   

Weighted

Average

Remaining

Contractual

Life

(Years)

   

Proceeds to Company if

Exercised

($)

 
  29,750       29,750       2.00       0.01       59,500  
  948,475       948,475       2.20       0.63       2,086,645  
  520,455       520,455       2.40       0.27       1,249,092  
  150,000       25,000       2.47       0.43       370,500  
  24,000       24,000       3.00       0.01       72,000  
  19,000       19,000       3.75       0.01       71,250  
  40,000       40,000       4.53       0.07       181,200  
  1,731,680       1,606,680               1.43       4,090,187  

Option [Member]  
Summarizes changes in warrants outstanding

   

Number of

Options

   

Weighted Average

Exercise Price ($)

 
Outstanding, December 31, 2016     2,384,300       3.75  
Granted     871,000       4.99  
Exercised     (4,166 )     3.00  
Expired     (312,000 )     4.03  
Outstanding, December 31, 2017     2,939,134       4.09  
                 
Exercisable, December 31, 2017     2,068,134       3.71  

Summarizes warrants issued and outstanding

Number

Outstanding

   

Number

Exercisable

   

Exercise

Price ($)

   

Weighted

Average

Remaining

Contractual

Life (Years)

   

Proceeds to

Company if

Exercised ($)

 
  17,766       17,766       2.35       0.01       41,750  
  322,500       322,500       2.50       0.12       806,250  
  326,667       326,667       3.00       0.23       980,001  
  17,767       17,767       3.35       0.02       59,519  
  20,000       20,000       3.80       0.01       76,000  
  1,115,333       1,115,333       4.00       1.38       4,461,332  
  17,767       17,767       4.35       0.02       77,286  
  50,000       -       4.80       0.09       240,000  
  1,041,334       220,334       5.00       1.53       5,206,670  
  10,000       10,000       6.31       0.02       63,100  
  2,939,134       2,068,134               3.43       12,011,908