Quarterly report pursuant to Section 13 or 15(d)

Stock Options and Restricted Stock Units (Tables)

v3.7.0.1
Stock Options and Restricted Stock Units (Tables)
3 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Common Stock Options Issued Under Option Plans

A summary of the common stock options issued under the Option Plans and the 2016 Plan for the period from December 31, 2016 through March 31, 2017 follows:

 

    Number Outstanding     Weighted Avg. Exercise Price     Weighted Avg. Remaining Contractual Life (Years)  
Balance, December 31, 2016     6,115,480     $ 0.21       6.1  
Options issued                      
Options exercised                      
Options cancelled                      
Balance, March 31, 2017     6,115,480     $ 0.21       5.9  

Schedule of Vested and Exercisable Options at Period End

The vested and exercisable options at period end follows:

 

    Exercisable/ Vested Options Outstanding     Weighted Avg. Exercise Price     Weighted Avg. Remaining Contractual Life (Years)  
Balance, March 31, 2017     4,992,147     $ 0.21       5.9