|6 Months Ended|
Jun. 30, 2017
|Subsequent Events [Abstract]|
Note 14 Subsequent Events
Recent Stock Awards:
Since June 30, 2017, the Company has awarded 50,000 common shares, to its external board members as part of their annual retainer for services covering July 2017 to June 2018.
Recent Stock Option Awards:
Since June 30, 2017, the Company has awarded 65,500 stock options to employees, subject to vesting terms.
Sale of Common Stock:
On August 9, 2017, the Company entered into agreements to sale 1,500,000 shares of common stock, at an offering price of $5.75 per share. Total gross proceeds from the offering will be $8,625,000, before commissions and offering expenses. The offering is expected to close on August 14, 2017.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://www.xbrl.org/2003/role/presentationRef