Quarterly report pursuant to Section 13 or 15(d)

Stock Options (Details Textual)

v3.5.0.2
Stock Options (Details Textual) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Mar. 31, 2016
Jun. 30, 2015
Jun. 30, 2016
Employee Stock Option [Member]        
Share-based Arrangements with Employees and Nonemployees [Abstract]        
Expected life of option grants 7 years   7 years  
Fair value of non-vested options       $ 3,047,000
Weighted average remaining term of non-vested options       1 year 6 months 7 days
Dividends Assumption    
Employee [Member]        
Share-based Arrangements with Employees and Nonemployees [Abstract]        
Number of options granted, shares 1,131,894 102,500    
Options vest pro-rata 48 months 48 months    
Expected life of option grants 10 years 10 years    
Options exercise price $ 0.52 $ 0.52    
Fair value of options granted $ 292,000 $ 27,000    
Fair value of the stock option as of grant date $ 0.52 $ 0.52