STOCKHOLDERS' EQUITY (Details Narrative)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 Months Ended |
6 Months Ended |
12 Months Ended |
|
|
|
|
|
|
|
Mar. 29, 2018
$ / shares
|
Jan. 02, 2018
$ / shares
shares
|
Dec. 18, 2017
$ / shares
shares
|
Nov. 13, 2017
USD ($)
$ / shares
shares
|
Nov. 05, 2017
$ / shares
shares
|
Sep. 19, 2017
$ / shares
shares
|
Aug. 24, 2017
USD ($)
$ / shares
shares
|
Aug. 22, 2017
$ / shares
shares
|
Aug. 21, 2017
$ / shares
shares
|
Jul. 31, 2017
$ / shares
shares
|
Jul. 27, 2017
$ / shares
shares
|
Jul. 26, 2017
$ / shares
shares
|
Jul. 19, 2017
shares
|
Jul. 14, 2017
shares
|
Jul. 13, 2017
$ / shares
shares
|
May 30, 2017
$ / shares
shares
|
Mar. 31, 2017
USD ($)
$ / shares
shares
|
Feb. 23, 2017
USD ($)
$ / shares
shares
|
Jan. 02, 2017
shares
|
Dec. 06, 2016
$ / shares
shares
|
Sep. 22, 2016 |
Jul. 31, 2017
USD ($)
$ / shares
shares
|
Mar. 21, 2017
USD ($)
Investor
$ / shares
shares
|
Mar. 31, 2018
USD ($)
$ / shares
shares
|
Mar. 31, 2017
USD ($)
$ / shares
shares
|
Sep. 30, 2017
$ / shares
shares
|
Sep. 30, 2016
shares
|
Sep. 21, 2016
shares
|
Apr. 05, 2016
shares
|
Mar. 26, 2013
shares
|
Dec. 10, 2012
shares
|
Mar. 22, 2012
shares
|
Aug. 03, 2006
$ / shares
shares
|
Common stock authorized |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
250,000,000
|
|
500,000,000
|
|
|
|
|
|
|
|
Common and preferred stock authorized |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
265,000,000
|
|
|
|
|
|
|
|
|
|
Blank-check preferred stock authorized |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
15,000,000
|
|
15,000,000
|
|
|
|
|
|
|
|
Blank-check preferred stock par value (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 0.001
|
|
$ 0.001
|
|
|
|
|
|
|
|
Common stock issued |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,364,311
|
|
4,299,311
|
|
200
|
|
|
|
|
|
Common stock outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,364,311
|
|
4,299,311
|
|
200
|
|
|
|
|
|
Preferred stock, issued |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,050,000
|
|
|
|
|
|
|
|
|
|
Preferred stock, outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,050,000
|
|
|
|
|
|
|
|
|
|
Maturity date of the notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sep. 30, 2021
|
|
|
|
|
|
|
|
|
|
Number of options outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
554,059
|
|
554,083
|
|
|
|
|
|
|
|
Number of options exercised |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 15.75
|
|
$ 16.14
|
|
|
|
|
|
|
|
Number of stock options granted |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
75,000
|
|
|
|
|
|
|
|
|
|
Total unrecognized stock-based compensation | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 904,500
|
|
|
|
|
|
|
$ 822,000
|
$ 904,500
|
|
|
|
|
|
|
|
|
Number of vested shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
389,511
|
|
350,812
|
|
|
|
|
|
|
|
Number of unvested shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
164,548
|
|
203,271
|
65,596
|
|
|
|
|
|
|
Gross cash proceeds | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,981,300
|
|
|
|
|
|
|
|
|
Restricted Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of options outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
280,250
|
|
222,750
|
|
|
|
|
|
|
|
Number of equity instruments other than options outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
280,250
|
|
222,750
|
|
|
|
|
|
|
|
Common stock exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 5.02
|
|
$ 5.31
|
|
|
|
|
|
|
|
Number of stock options granted |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
57,500
|
|
|
|
|
|
|
|
|
|
Total unrecognized stock-based compensation | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
438,300
|
|
|
|
|
|
|
$ 139,100
|
438,300
|
|
|
|
|
|
|
|
|
Number of vested shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
237,834
|
|
167,708
|
|
|
|
|
|
|
|
Number of unvested shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
42,416
|
|
55,042
|
|
|
|
|
|
|
|
Number of shares granted under the plan |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
57,500
|
|
|
|
|
|
|
|
|
|
Stock Option [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total unrecognized stock-based compensation | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 466,200
|
|
|
|
|
|
|
$ 682,900
|
$ 466,200
|
|
|
|
|
|
|
|
|
2006 Stock Incentive Plan [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,513
|
|
|
|
|
|
|
|
|
|
Number of shares reserved for future issuance |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,339
|
Number of options exercised |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0
|
|
|
|
|
|
|
|
|
|
2012 Omnibus Incentive Compensation Plan [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock purchase price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
$ 0.001
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock authorized |
|
|
|
|
|
|
|
|
975,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted exercise price of awarded shares (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 6.77
|
|
|
|
|
|
|
|
|
|
Number of options outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
552,546
|
|
|
|
|
|
|
|
|
|
Common stock exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 6.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of options authorized |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
200,000
|
75,000
|
27,500
|
1,667
|
|
Number of authorized shares available for grant previously |
|
|
|
|
|
|
|
|
885,781
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of authorized shares available for grant |
|
|
|
|
|
|
|
|
1,570,248
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Maximum number of shares granted to individual |
|
|
|
|
|
|
|
|
150,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of stock options granted |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10,000
|
|
|
50,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Description of plan terms |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
of
each year through 2022, automatically increases the number of shares subject to the 2012 Plan by the lesser of: (a) a number equal
to 10% of the shares of Common Stock authorized under the 2012 Plan as of the preceding December 31st, or (b) an amount, or no
amount, as determined by the Board, but in no event may the number of shares of Common Stock authorized under the 2012 Plan exceed
885,781 and (iii) increase the annual individual award limits under the 2012 Plan to 100,000 shares of Common Stock, subject to
adjustment in accordance with the 2012 Plan. Per the above mentioned “evergreen” provision, an additional 50,000 shares
were automatically allocated for distribution under the 2012 Plan as of January 1, 2017.
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of vested shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,000
|
|
|
|
|
|
|
|
2012 Omnibus Incentive Compensation Plan [Member] | Restricted Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of shares reserved for future issuance |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
239,704
|
|
|
|
|
|
|
|
|
|
Number of equity instruments other than options outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
280,250
|
|
|
|
|
|
|
|
|
|
Public Offering [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
$ 5.25
|
|
|
|
|
|
|
|
|
|
|
|
$ 5.25
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from public offering | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 8,793,750
|
|
|
|
|
|
|
|
|
|
|
|
Public Offering [Member] | Common Stock and Warrants [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from public offering | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 8,790,000
|
|
|
|
|
|
|
|
|
|
|
|
45-day Option Over-Allotment Option [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of common stock issued |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
251,250
|
|
|
|
|
|
|
|
|
|
|
|
Warrant [Member] | Private Placement [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock purchase price (in dollars per share) | $ / shares |
$ 2.34
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrant term |
5 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrant [Member] | Pro-Rate Option [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of common stock issued |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,539,061
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrant exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 5.25
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of each warrant called |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair value, maturity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrant [Member] | Public Offering [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of common stock issued |
|
|
|
|
|
|
|
|
|
|
|
|
134,000
|
|
|
|
|
|
|
|
|
1,675,000
|
|
|
|
|
|
|
|
|
|
|
|
Warrant exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
$ 5.25
|
|
|
|
|
|
|
|
|
|
|
|
$ 5.25
|
|
|
|
|
|
|
|
|
|
|
|
Number of each warrant called |
|
|
|
|
|
|
|
|
|
1
|
|
|
|
|
|
|
|
|
|
|
|
1
|
|
|
|
|
|
|
|
|
|
|
|
Stock price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
$ 6.55
|
|
|
|
|
|
|
|
|
|
|
|
$ 6.55
|
|
|
|
|
|
|
|
|
|
|
|
Warrant term |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5 years
|
|
|
|
|
|
|
|
|
|
|
|
Common Stock [Member] | Public Offering [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of common stock issued |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,675,000
|
|
|
|
|
|
|
|
|
|
|
|
Maximum [Member] | 2006 Stock Incentive Plan [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 5,760
|
Maximum [Member] | 2012 Omnibus Incentive Compensation Plan [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 600
|
|
|
|
|
|
|
|
|
|
Minimum [Member] | 2006 Stock Incentive Plan [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 2,400
|
Minimum [Member] | 2012 Omnibus Incentive Compensation Plan [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 3.60
|
|
|
|
|
|
|
|
|
|
Four Accredited Investors [Member] | Private Placement [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of common stock issued |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
237,000
|
|
|
|
|
|
|
|
|
|
|
Proceeds from issuance of private placement | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 1,481,300
|
|
|
|
|
|
|
|
|
|
|
Shares issued (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 6.25
|
|
|
|
|
|
|
|
|
|
|
Number of accredited investors | Investor |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4
|
|
|
|
|
|
|
|
|
|
|
RSJ Private Equity (Michal Votruba) [Member] | Private Placement [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of common stock issued |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
160,000
|
|
|
|
|
|
|
|
|
|
|
Proceeds from issuance of private placement | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 1,000,000
|
|
|
|
|
|
|
|
|
|
|
John Pappajohn [Member] | 2012 Omnibus Incentive Compensation Plan [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
$ 3.60
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of stock options granted |
|
|
|
|
|
12,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of restricted common stock |
|
|
|
|
|
12,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
John Pappajohn [Member] | Private Placement [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of common stock issued |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
72,000
|
|
|
|
|
|
|
|
|
|
|
Proceeds from issuance of private placement | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 450,000
|
|
|
|
|
|
|
|
|
|
|
Geoffrey E. Harris [Member] | 2012 Omnibus Incentive Compensation Plan [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
$ 3.60
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of stock options granted |
|
|
|
|
|
18,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of restricted common stock |
|
|
|
|
|
18,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Geoffrey E. Harris [Member] | Private Placement [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of common stock issued |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,000
|
|
|
|
|
|
|
|
|
|
|
Proceeds from issuance of private placement | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 31,300
|
|
|
|
|
|
|
|
|
|
|
Staff Members [Member] | 2012 Omnibus Incentive Compensation Plan [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
$ 4.10
|
|
$ 3.81
|
$ 7.25
|
$ 4.15
|
|
|
|
|
|
|
|
|
|
$ 3.81
|
|
|
|
|
|
|
|
|
|
|
|
Number of stock options granted |
|
|
|
|
|
|
|
5,000
|
|
10,000
|
5,000
|
5,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dr. Donald D'Ambrosio [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of options outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
18,000
|
|
|
|
|
|
|
|
18,000
|
|
|
|
|
|
|
|
|
Common stock exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 5.90
|
|
|
|
|
|
|
|
$ 5.90
|
|
|
|
|
|
|
|
|
Description of vesting rights |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(i) the option to purchase 15,000 shares vesting
in equal monthly installments over 36 months from March 31, 2017, and (ii) the option to purchase 3,000 shares vesting upon the
Company's successful listing of its common stock on a national securities exchange.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Underwriters [Member] | Warrant [Member] | 45-day Option Over-Allotment Option [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of common stock issued |
|
|
|
|
|
|
213,800
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from issuance of warrants | $ |
|
|
|
|
|
|
$ 2,100
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock price (in dollars per share) | $ / shares |
|
|
|
|
|
|
$ 0.01
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mr. Robin L. Smith, M.D [Member] | 2012 Omnibus Incentive Compensation Plan [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock exercise price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
$ 4.16
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of stock options granted |
|
|
|
|
|
|
|
|
50,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of restricted common stock |
|
|
|
7,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
David Nash [Member] | 2012 Omnibus Incentive Compensation Plan [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock exercise price (in dollars per share) | $ / shares |
|
|
|
|
$ 3.88
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of stock options granted |
|
|
|
|
20,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mr. Plotkin [Member] | 2012 Omnibus Incentive Compensation Plan [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock exercise price (in dollars per share) | $ / shares |
|
|
|
$ 3.96
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of stock options granted |
|
|
|
35,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amount of vested shares | $ |
|
|
|
$ 2,500,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mr. Plotkin [Member] | 2012 Omnibus Incentive Compensation Plan [Member] | Tranche One [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of vested shares |
|
|
|
11,667
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mr. Plotkin [Member] | 2012 Omnibus Incentive Compensation Plan [Member] | Tranche Two [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of vested shares |
|
|
|
11,667
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mr. Plotkin [Member] | 2012 Omnibus Incentive Compensation Plan [Member] | Tranche Three [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of vested shares |
|
|
|
11,666
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Staff Members [Member] | 2012 Omnibus Incentive Compensation Plan [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock exercise price (in dollars per share) | $ / shares |
|
|
$ 3.74
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of stock options granted |
|
|
5,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mr. George C. Carpenter IV [Member] | 2012 Omnibus Incentive Compensation Plan [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of restricted common stock |
|
|
|
7,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mr. Donald DAmbrosio [Member] | 2012 Omnibus Incentive Compensation Plan [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of restricted common stock |
|
|
|
7,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Various Employees [Member] | 2012 Omnibus Incentive Compensation Plan [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of restricted common stock |
|
|
|
15,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
One Staff Members [Member] | 2012 Omnibus Incentive Compensation Plan [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock exercise price (in dollars per share) | $ / shares |
|
$ 3.37
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of stock options granted |
|
5,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common Stock Purchase Agreement [Member] | Aspire Capital Fund, LLC [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of common shares purchased |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Agreement term |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
30 months
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock purchase price (in dollars per share) | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 7.25
|
|
$ 0.50
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Description of purchase notice |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amount equal to 50,000 shares and the closing sale
price of the Company's stock is greater than $0.50 per share, the Company also has the right, in its sole discretion, to present
Aspire Capital with a volume-weighted average price purchase notice (each, a “VWAP Purchase Notice”) directing Aspire
Capital to purchase an amount of stock equal to up to 30% of the aggregate shares of the Company’s common stock traded on
its principal market on the next trading day (the “VWAP Purchase Date”), subject to a maximum number of shares the
Company may determine. The purchase price per share pursuant to such VWAP Purchase Notice is generally 95% of the volume-weighted
average price for the Company’s common stock traded on its principal market on the VWAP Purchase Date.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of common stock issued |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
20,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from issuance of private placement | $ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 145,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common Stock Purchase Agreement [Member] | Aspire Capital Fund, LLC [Member] | Commitment Shares [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of common shares purchased |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
80,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common Stock Purchase Agreement [Member] | Aspire Capital Fund, LLC [Member] | Maximum [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of shares sold per day |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
50,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Chairman Services Agreement [Member] | Mr. Robin L. Smith, M.D [Member] | Stock Option [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expiration period |
|
|
|
|
|
|
|
|
|
|
|
|
|
10 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Chairman Services Agreement [Member] | Mr. Robin L. Smith, M.D [Member] | 2012 Omnibus Incentive Compensation Plan [Member] | Restricted Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of shares granted under the plan |
|
|
|
|
|
|
|
|
|
|
|
|
|
25,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Chairman Services Agreement [Member] | Mr. Robin L. Smith, M.D [Member] | 2012 Omnibus Incentive Compensation Plan [Member] | Stock Option [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of stock options granted |
|
|
|
|
|
|
|
|
|
|
|
|
|
75,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of option to purchase granted annual award limits |
|
|
|
|
|
|
|
|
|
|
|
|
|
50,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Management and administrative services agreement [Member] | Arcadian Telepshyciatry Services LLC, PA [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Initial agreement term (in years) |
|
|
|
20 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Management and administrative services agreement [Member] | Arcadian Telepshyciatry Services LLC, PC [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Initial agreement term (in years) |
|
|
|
20 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|