Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Equity (Tables)

v3.7.0.1
Note 8 - Equity (Tables)
6 Months Ended
Jun. 30, 2017
Notes Tables  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
    Six Months Ended June 30,
    2017   2016
Expected volatility  
 
42%
 
 
44%
-
45%
Expected dividends  
 
None
 
 
 
None
 
Expected term (years)  
5.5
-
7
 
 
7
 
Risk-free rate  
1.98%
to
2.14%
 
1.47%
to
1.68%
Forfeiture rate  
 
20%
 
 
2
0%
 
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, 2016    
953,075
    $
3.66
    $
1.86
     
6.9
 
Granted at market price    
190,286
     
3.69
     
 
     
 
 
Exercised    
(69,581
)    
1.20
     
 
     
 
 
Cancelled    
(29,494
)    
5.25
     
 
     
 
 
Outstanding at June 30, 2017    
1,044,286
    $
3.78
    $
1.77
     
7.4
 
Exercisable at June 30, 2017    
347,119
    $
4.54
    $
2.26
     
4.8
 
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]
Restricted Stock Awards   Shares
Outstanding at December 31, 2016    
92,415
 
Awards granted    
59,700
 
Awards vested    
(74,070
)
Awards forfeited    
(12,345
)
Outstanding at June 30, 2017    
65,700
 
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