Annual report pursuant to Section 13 and 15(d)

Stock-based Compensation, Policy (Policies)

v3.7.0.1
Stock-based Compensation, Policy (Policies)
12 Months Ended
Dec. 31, 2016
Policies  
Stock-based Compensation, Policy

Stock-Based Compensation - The Company accounts for the cost of employee services received in exchange for the award of equity instruments based on the fair value of the award, determined on the date of grant. The expense is to be recognized over the period during which an employee is required to provide services in exchange for the award. The Company estimates forfeitures at the time of grant and makes revisions, if necessary, at each reporting period if actual forfeitures differ from those estimates. The Company estimated future unvested forfeitures at 25% and 0% for the years ended December 31, 2016 and 2015, respectively.