| Schedule of Concerning Options and Warrants Outstanding and Exercisable |
The following tables
summarize information concerning options and warrants outstanding and exercisable:
| |
|
Stock Options |
|
|
Warrants |
|
|
|
|
|
|
|
| |
|
Weighted |
|
|
Weighted |
|
|
|
|
|
|
|
| |
|
Average |
|
|
Average |
|
|
|
|
|
Total |
|
| |
|
Shares |
|
|
Price
per share
|
|
|
Shares |
|
|
Price
per share
|
|
|
Shares |
|
|
Exercisable |
|
| Balance outstanding, 01/01/15 |
|
|
3,406,250 |
|
|
$ |
0.51 |
|
|
|
19,182,201 |
|
|
$ |
0.49 |
|
|
|
22,588,451 |
|
|
|
16,611,528 |
|
| Granted |
|
|
2,500,000 |
|
|
|
0.40 |
|
|
|
10,837,141 |
|
|
|
0.40 |
|
|
|
13,337,141 |
|
|
|
|
|
| Exercised |
|
|
— |
|
|
|
|
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
| Expired |
|
|
(205,000 |
) |
|
|
1.00 |
|
|
|
(791,678 |
) |
|
|
0.31 |
|
|
|
(996,678 |
) |
|
|
|
|
| Forfeited |
|
|
(130,000 |
) |
|
|
0.70 |
|
|
|
— |
|
|
|
— |
|
|
|
(130,000 |
) |
|
|
|
|
| Balance outstanding, 12/31/15 |
|
|
5,571,250 |
|
|
$ |
0.44 |
|
|
|
29,227,664 |
|
|
$ |
0.44 |
|
|
|
34,798,914 |
|
|
|
31,664,469 |
|
| Granted |
|
|
— |
|
|
|
— |
|
|
|
4,294,552 |
|
|
|
0.43 |
|
|
|
4,294,552 |
|
|
|
|
|
| Exercised |
|
|
— |
|
|
|
|
|
|
|
(70,000 |
) |
|
|
0.31 |
|
|
|
(70,000 |
) |
|
|
|
|
| Expired |
|
|
(186,000 |
) |
|
|
1.00 |
|
|
|
(8,627,521 |
) |
|
|
0.61 |
|
|
|
(8,813,521 |
) |
|
|
|
|
| Forfeited |
|
|
(116,000 |
) |
|
|
0.51 |
|
|
|
— |
|
|
|
— |
|
|
|
(116,000 |
) |
|
|
|
|
| Balance outstanding, 9/30/2016 |
|
|
5,269,250 |
|
|
$ |
0.42 |
|
|
|
24,824,695 |
|
|
$ |
0.39 |
|
|
|
30,093,945 |
|
|
|
28,095,959 |
|
|
| Schedule of Share-based Compensation Stock Option Plans by Exercise Price Range |
| |
|
|
Options Outstanding |
|
|
Options Exercisable |
|
| |
|
|
Weighted Average |
|
|
Weighted Average |
|
Range of
Exercise Prices
|
|
|
Number of
Options
|
|
|
Remaining
Contractual
Life (Years)
|
|
|
Exercise
Price
|
|
|
Number of
Options
|
|
|
Remaining
Contractual
Life (Years)
|
|
|
Exercise Price |
|
| $0.30 - $0.39 |
|
|
|
1,625,500 |
|
|
|
8.0 |
|
|
$ |
0.30 |
|
|
|
1,248,514 |
|
|
|
8.0 |
|
|
$ |
0.30 |
|
| 0.40 - 0.49 |
|
|
|
2,786,000 |
|
|
|
9.0 |
|
|
|
0.40 |
|
|
|
1,165,000 |
|
|
|
8.6 |
|
|
|
0.40 |
|
| 0.50 - 0.59 |
|
|
|
226,250 |
|
|
|
5.9 |
|
|
|
0.50 |
|
|
|
226,250 |
|
|
|
5.9 |
|
|
|
0.50 |
|
| 0.60 - 0.69 |
|
|
|
385,500 |
|
|
|
3.4 |
|
|
|
0.60 |
|
|
|
385,500 |
|
|
|
3.4 |
|
|
|
0.60 |
|
| 0.70 - 1.25 |
|
|
|
246,000 |
|
|
|
2.6 |
|
|
|
1.00 |
|
|
|
246,000 |
|
|
|
2.6 |
|
|
|
1.00 |
|
| $0.30 - $1.25 |
|
|
|
5,269,250 |
|
|
|
7.8 |
|
|
$ |
0.42 |
|
|
|
3,271,264 |
|
|
|
7.1 |
|
|
$ |
0.44 |
|
|