Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Details)

v3.10.0.1
Commitments and Contingencies (Details)
Jul. 01, 2017
USD ($)
shares
CEO [Member]  
Annual Salary | $ $ 350,000
Target Annual Bonus 30.00% [1]
One-time Option Award | shares 57,474 [2]
COO/CFO [Member]  
Annual Salary | $ $ 143,000 [3]
Target Annual Bonus 20.00% [1],[3]
One-time Option Award | shares 30,132 [2],[3]
Chief Development Officer [Member]  
Annual Salary | $ $ 260,000 [4]
Target Annual Bonus 20.00% [1],[4]
One-time Option Award | shares 34,596 [4],[5]
[1] As a percentage of Annual Salary. The target annual bonus will be awarded for meeting performance goals set by the board of directors, with the potential for an additional award not to exceed a third of the target annual bonus for exemplary performance awarded at the discretion of the board of directors.
[2] Options issued July 1, 2017. Options are to purchase shares of common stock at a price of $5.70 per share, the options vesting over three years and with a term of ten years, the first 1/6th vesting only after 6 months, then 1/36th vesting each month for the remaining 30 months.
[3] Annual salary is for 50% of full time, on a full-time equivalent basis of $286,000 annually.
[4] Annual salary is for 70% of full time, on a full-time equivalent basis of $371,000 annually.
[5] 34,596 Options issued July 25, 2017. Options are to purchase shares of common stock at a price of $5.70 per share and have a term of ten years. These options vest over three years, the first 1/6th vesting only after 6 months, then 1/36th vesting each month for the remaining 30 months.