Quarterly report pursuant to Section 13 or 15(d)

9. Stock Compensation (Tables)

v3.7.0.1
9. Stock Compensation (Tables)
3 Months Ended
Jun. 30, 2017
Restricted Stock [Member]  
Share based compensation expense
    Three Months
Ended
June 30,
2017
    Three Months
Ended
June 30,
2016
 
Vesting of stock options and restricted stock units   $ 280,911     $ 50,710  
Total stock-based compensation expense   $ 280,911     $ 50,710  
                 
Weighted average number of common shares outstanding – basic and diluted     8,805,522       7,622,393  
                 
Basic and diluted loss per common share attributable to stock-based compensation expense   $ (0.03 )   $ (0.01 )
Options vested and expected to vest
    Number of RSUs  
Vested     46,125  
Expected to vest     461,250  
Total     507,375  
Options [Member]  
Options vested and expected to vest
    Number of
Shares
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Term in
Years
 
                   
Vested     414,547     $ 11.24       4.05  
Expected to vest     52,000     $ 2.80       8.71  
Total     466,547                  
Schedule of stock ptions valuation assumptions
Risk free interest rate 2.21%
Average expected life 10 years
Expected volatility 92.14%
Expected dividends  None