STOCKHOLDER'S EQUITY (Details 1) - USD ($) |
12 Months Ended | |
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Dec. 31, 2015 |
Dec. 31, 2014 |
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Number of options, outstanding | ||
Outstanding, beginning of period (in shares) | 2,950,000 | 4,282,500 |
Granted (in shares) | 105,000 | 280,000 |
Expired (in shares) | ||
Exercised (in shares) | (200,000) | (1,612,500) |
Outstanding, end of period (in shares) | 2,855,000 | 2,950,000 |
Exercisable, end of period (in shares) | $ 2,828,750 | $ 2,637,503 |
Weighted average exercise price | ||
Outstanding, beginning of period (in dollars per share) | $ 1.27 | $ 0.91 |
Granted (in dollars per share) | $ 2.34 | $ 1.65 |
Expired (in dollars per shares) | ||
Exercised (in dollars per share) | $ 0.90 | $ 0.39 |
Outstanding, end of period (in dollars per share) | 1.33 | 1.27 |
Exercisable, end of period (in dollars per share) | $ 1.32 | $ 1.24 |
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- References No definition available.
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- References No definition available.
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- Definition Number of options or other stock instruments for which the right to exercise has lapsed under the terms of the plan agreements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Gross number of share options (or share units) granted during the period. No definition available.
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- Definition Number of options outstanding, including both vested and non-vested options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Weighted average price at which option holders acquired shares when converting their stock options into shares. No definition available.
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- Definition Weighted average price at which grantees could have acquired the underlying shares with respect to stock options of the plan that expired. No definition available.
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- Definition Weighted average per share amount at which grantees can acquire shares of common stock by exercise of options. No definition available.
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- Definition Number of share options (or share units) exercised during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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