Common Stock Warrants
12 Months Ended
Dec. 31, 2015
Stock-Based Compensation and Common Stock Warrants [Abstract]  
Common Stock Warrants

14. Common Stock Warrants 

 

The following table summarizes warrant activity for the year ended December 31, 2015:

 

  

Number of

Warrants

  

Weighted

Average

Exercise Price

 
Stock Warrants:      
Outstanding on January 1, 2015  2,367,500  $2.48 
Granted  15,000,000   0.35 
Exercised  -   - 
Forfeited  -   - 
Outstanding on December 31, 2015  17,367,500   0.64 
Warrants exercisable on December 31, 2015  17,367,500  $0.64