Quarterly report pursuant to Section 13 or 15(d)

8. Stock Options and warrants (Tables)

v3.3.0.814
8. Stock Options and warrants (Tables)
9 Months Ended
Sep. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]  
Stock options outstanding
      Options     Weighted Avg.
Exercise Price
 
December 31, 2014       21,052,030     $ 0.30  
Granted       888,552       0.46  
Exercised                  
Forfeited       (234,070 )     0.72  
September 30, 2015       21,706,512     $ 0.30  
                     
Options outstanding by Per Share Price
    Outstanding Options   Exercisable Options
Option
Exercise Price
Per Share
  Shares     Life
(Years)
  Weighted
Average
Exercise
Price
  Shares     Weighted
Average
Exercise
Price
$ 0.21 - $ 0.99     21,443,283     5.5   $0.29     19,946,498     $0.28
$ 1.00 - $ 1.99     263,229     4.5   $1.22     263,229     $1.22
      21,706,512     5.5   $0.30     20,209,727     $0.30
Warrants outstanding
      Warrants     Weighted Avg.
Exercise Price
 
December 31, 2014       5,692,087     $ 0.37  
Granted       916,667       0.30  
Exercised       (200,000 )     0.25  
Cancelled       (2,731,050 )     0.35  
September 30, 2015       3,677,704     $ 0.37  
                     
Warrants outstanding by Per Share Price
      Exercisable Warrants     Exercisable Warrants  
Warrant
Exercise
Price
Per Share
    Shares     Life
(Years)
    Weighted
Average
Exercise
Price
    Shares     Weighted
Average
Exercise
Price
 
$ 0.25 - $ 0.99       3,557,704       3.8     $ 0.35       3,347,704     $ 0.33  
$ 1.00 - $ 1.99       120,000       0.3     $ 1.01       120,000     $ 1.01  
        3,677,704       3.7     $ 0.37       3,467,704     $ 0.35