Annual report pursuant to Section 13 and 15(d)

Note 8 - Equity (Tables)

v3.7.0.1
Note 8 - Equity (Tables)
12 Months Ended
Dec. 31, 2016
Notes Tables  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
    Years Ended December 31,
    2016   2015
Expected volatility  
42%
-
45%
 
44%
-
50%
Expected dividends  
 
None
 
 
 
None
 
Expected term (years)  
 
7
 
 
5.5
-
7
Risk-free rate  
1.19%
-
1.68%
 
1.54%
-
2.01%
Forfeiture rate  
 
20%
 
 
 
20%
 
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
    Number of
Shares
  Weighted
Average
Exercise
Price
  Weighted
Average
Fair
Value
  Weighted
Average
Remaining
Contractual Life
Outstanding at December 31, 2014    
314,775
    $
2.23
    $
0.92
     
9.2
 
Granted at market price    
240,160
     
8.16
     
 
     
 
 
Exercised    
(445
)    
1.20
     
 
     
 
 
Cancelled    
(77,031
)    
7.88
     
 
     
 
 
Outstanding at December 31, 2015    
477,459
    $
4.30
    $
2.01
     
8.7
 
Granted at market price    
660,000
     
3.22
     
 
     
 
 
Exercised    
(37,824
)    
1.88
     
 
     
 
 
Cancelled    
(146,560
)    
4.34
     
 
     
 
 
Outstanding at December 31, 2016    
953,075
    $
3.66
    $
1.86
     
6.9
 
Exercisable at December 31, 2016    
347,272
    $
4.07
    $
2.38
     
3.9
 
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]
Restricted Stock Awards   Shares
Outstanding at December 31, 2014    
662,375
 
Restricted stock awards granted    
8,000
 
Awards forfeited or exercised    
-
 
Granted at December 31, 2015    
670,375
 
Awards vested    
(331,087
)
Outstanding at December 31, 2015    
339,288
 
Awards granted    
86,415
 
Awards vested    
(162,440
)
Awards forfeited    
(170,848
)
Outstanding at December 31, 2016    
92,415
 
Class of Treasury Stock [Table Text Block]
Year 1   $
0.56
 
Year 2   $
0.68
 
Year 3   $
0.84
 
Year 4   $
1.03
 
Year 5   $
1.28
 
Year 6   $
1.59
 
Year 7   $
1.97
 
Year 8   $
2.45
 
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]
   
Number of
Units
 
Weighted
Average
Exercise Price
 
Weighted
Average
Remaining
Contractual Term
(in years)
 
Intrinsic
Value
                 
Outstanding at December 31, 2014    
90,000
    $
8.13
     
3.9
     
-
 
                                 
Granted    
-
     
-
     
-
     
-
 
                                 
Outstanding at December 31, 2015    
90,000
    $
8.13
     
2.9
    $
-
 
                                 
Granted    
-
     
-
     
-
     
-
 
                                 
Outstanding at December 31, 2016    
90,000
    $
8.13
     
1.9
    $
-
 
                                 
Exercisable at December 31, 2016    
90,000
    $
8.13
     
1.9
    $
-