Quarterly report pursuant to Section 13 or 15(d)

Share-based Payments (Tables)

v3.4.0.3
Share-based Payments (Tables)
 3 Months Ended
Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock Options Activity

The following table summarizes the option activities for the three months ended March 31, 2016:

 

                Weighted        
                Average        
          Weighted     Remaining     Aggregate  
    Number of     Average     Contractual     Intrinsic  
    Shares     Exercise Price     Term (years)     Value  
Balance at December 31, 2015     220,500     $ 4.38                  
Granted     -       -                  
Exercised     -       -                  
Forfeited     -       -                  
Canceled/Expired     -       -                  
Balance at March 31, 2016     220,500     $ 4.38                  
Exercisable as of March 31, 2016     220,500     $ 4.38       3.56     $ 13,500