|9 Months Ended|
Sep. 30, 2017
|Subsequent Events [Abstract]|
8. Subsequent Events
On October 18, 2017, the Board of Directors of the Company granted stock options for an aggregate of 220,000 shares of common stock to four individuals who are either independent members of the Company’s Board of Directors or outside service providers. The stock options are fully vested upon grant and will expire on October 18, 2022. The exercise price of the stock options was established on the grant date at $0.15 per share, which was the closing market price of the Company’s common stock on such date.
The Company performed an evaluation of subsequent events through the date of filing of these condensed consolidated financial statements with the SEC. Other than the above, there were no material subsequent events which affected, or could affect, the amounts or disclosures in the condensed consolidated financial statements.
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