Quarterly report pursuant to Section 13 or 15(d)

Warrants and Options (Tables)

v3.10.0.1
Warrants and Options (Tables)
 6 Months Ended
Jun. 30, 2018
Warrant [Member]  
Summarizes changes in warrants outstanding
    Number of Warrants    

Weighted Average

Exercise Price ($)

  
Outstanding at December 31, 2017     1,731,680       2.36  
Granted     –       –  
Exercised     (29,375 )     2.00  
Expired     (375 )     2.00  
Outstanding at June 30, 2018     1,701,930       2.37  
                 
Exercisable at June 30, 2018     1,576,930       2.36  
Summarizes warrants issued and outstanding

Number

Outstanding

    

Number

Exercisable

    

Exercise

Price ($)

    

Weighted

Average

Remaining

Contractual

Life

(Years)

    

Proceeds to
Company if

Exercised ($)

  
                           
  948,475       948,475       2.20       0.37       2,086,645  
  520,455       520,455       2.40       0.13       1,249,092  
  150,000       25,000       2.47       0.39       370,500  
  24,000       24,000       3.00       0.00       72,000  
  19,000       19,000       3.75       0.00       71,250  
  40,000       40,000       4.53       0.06       181,200  
  1,701,930       1,576,930               0.95       4,030,687  
Option [Member]  
Summarizes changes in warrants outstanding
             
   

Number

of Options

    

Weighted

Average

Exercise

Price ($)

  
Outstanding at December 31, 2017     2,939,134       4.09  
Granted     780,000       4.00  
Exercised     –       –  
Expired/Cancelled     (120,167 )     4.99  
Outstanding at June 30, 2018     3,598,967       4.04  
                 
Exercisable at June 30, 2018     2,808,967       4.05  
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       0.06       806,250  
  322,500       322,500       3.00       0.14       967,500  
  17,767       17,767       3.35       0.01       59,519  
  20,000       20,000       3.80       0.01       76,000  
  1,895,333       1,115,333       4.00       2.18       7,581,332  
  17,767       17,767       4.35       0.02       77,286  
  50,000       50,000       4.80       0.06       240,000  
  930,334       920,334       5.00       1.10       4,651,670  
  5,000       5,000       6.31       0.00       31,550  
  3,598,967       2,808,967               3.59       14,532,857