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 9 Months Ended
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Sep. 30, 2015
Sep. 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         $ 2,639,000
Weighted average remaining term of non-vested options         1 year 5 months 12 days
Dividends Assumption      
Employee [Member]          
Share-based Arrangements with Employees and Nonemployees [Abstract]          
Number of options granted, shares 347,500 1,131,894 102,500    
Options vest pro-rata 48 months 48 months 48 months    
Expected life of option grants 10 years 10 years 10 years    
Options exercise price $ 0.47 $ 0.52 $ 0.52    
Fair value of options granted $ 81,000 $ 292,000 $ 27,000    
Fair value of the stock option as of grant date $ 0.47 $ 0.52 $ 0.52