Stockholders’ Equity (Tables)
|
3 Months Ended |
Mar. 31, 2018 |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
|
Stock Option Activity |
|
|
|
|
|
Options
|
Outstanding at December 31, 2016
|
5,757,880
|
Granted
|
3,027,500
|
Exercised
|
(152,085)
|
Forfeit/canceled
|
(1,451,053)
|
Expired
|
(363,294)
|
Outstanding at December 31, 2017
|
6,818,948
|
Granted
|
300,000
|
Exercised
|
(12,500)
|
Forfeit/canceled
|
(666,227)
|
Expired
|
(26,043)
|
Outstanding at March 31, 2018
|
6,414,178
|
|
|
|
Stock-Based Compensation Expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
|
|
|
March 31,
|
|
|
2018
|
|
2017
|
General and administrative
|
|
$
|
125,118
|
|
$
|
222,543
|
Sales and marketing
|
|
|
68,480
|
|
|
59,822
|
Engineering, research, and development
|
|
|
28,699
|
|
|
(7,472)
|
|
|
$
|
222,296
|
|
$
|
274,893
|
|
Valuation Assumptions |
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
|
|
|
March 31,
|
|
|
2018
|
|
2017
|
Risk-free interest rate
|
|
2.68%
|
|
2.04%
|
Expected life (years)
|
|
6.00
|
|
6.00
|
Expected dividend yield
|
|
-
|
|
-
|
Expected volatility
|
|
101.94%
|
|
85.63%
|
|
Restricted Stock Unit Activity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares
|
|
Weighted Average Grant Date Fair Value
|
|
Weighted Average Remaining Contractual Term (Years)
|
|
Aggregate Intrinsic Value
|
Outstanding at December 31, 2016
|
|
|
994,417
|
|
$
|
0.72
|
|
|
0.08
|
|
$
|
731,845
|
Awarded
|
|
|
199,513
|
|
$
|
0.73
|
|
|
0.70
|
|
$
|
-
|
Released
|
|
|
(484,058)
|
|
$
|
-
|
|
|
-
|
|
$
|
-
|
Canceled/forfeited/expired
|
|
|
(47,072)
|
|
$
|
0.72
|
|
|
-
|
|
$
|
-
|
Outstanding at December 31, 2017
|
|
|
662,800
|
|
$
|
0.72
|
|
|
0.70
|
|
$
|
795,360
|
Awarded
|
|
|
-
|
|
$
|
-
|
|
|
-
|
|
$
|
-
|
Released
|
|
|
-
|
|
$
|
-
|
|
|
-
|
|
$
|
-
|
Canceled/forfeited/expired
|
|
|
-
|
|
$
|
-
|
|
|
-
|
|
$
|
-
|
Outstanding at March 31, 2018
|
|
|
662,800
|
|
$
|
0.33
|
|
|
0.75
|
|
$
|
516,984
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected to vest at March 31, 2018
|
|
|
662,800
|
|
$
|
-
|
|
|
-
|
|
$
|
516,984
|
Vested at March 31, 2018
|
|
|
417,770
|
|
$
|
-
|
|
|
-
|
|
$
|
325,861
|
Unvested at March 31, 2018
|
|
|
245,030
|
|
$
|
-
|
|
|
-
|
|
$
|
191,123
|
Unrecognized expense at March 31, 2018
|
|
$
|
162,687
|
|
|
|
|
|
|
|
|
|
|
Restricted Stock Units (RSUs) [Member] |
|
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
|
Stock-Based Compensation Expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
|
|
|
March 31,
|
|
|
2018
|
|
2017
|
General and administrative
|
|
$
|
30,546
|
|
$
|
62,524
|
|
|
$
|
30,546
|
|
$
|
62,524
|
|