Annual report pursuant to Section 13 and 15(d)

Warrants (Tables)

v3.3.1.900
Warrants (Tables)
12 Months Ended
Dec. 31, 2015
Warrants and Rights Note Disclosure [Abstract]  
Share Based Compensation Warrant Activity [Table Text Block]
A summary of the Company’s warrant activity and related information is as follows:
 
 
 
2015
 
2014
 
 
 
 
 
Weighted
 
 
 
Weighted
 
 
 
 
 
Average Exercise
 
 
 
Average Exercise
 
 
 
Warrants
 
Price
 
Warrants
 
Price
 
Outstanding at January 1
 
 
1,564,108
 
$
4.48
 
 
1,659,922
 
$
4.36
 
Granted
 
 
 
 
 
 
 
 
 
Exercised
 
 
(156,106)
 
$
3.72
 
 
(95,814)
 
$
2.27
 
Forfeited/Expired
 
 
 
 
 
 
 
 
 
Outstanding at December 31
 
 
1,408,002
 
$
4.57
 
 
1,564,108
 
$
4.48