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STOCK-BASED COMPENSATION (Tables) | 9 Months Ended
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Sep. 30, 2019
Share-based Payment Arrangement [Abstract] |
Schedule of black - scholes option-pricing model valuation assumption | The Company uses the Black-Scholes option-pricing model to estimate the fair value of its stock option awards and warrant issuances. The calculation of the fair value of the awards using the Black - Scholes option-pricing model is affected by the Company’s stock price on the date of grant as well as assumptions regarding the following:
|  | Nine months ended September 30, |
|  | 2019 |  |  | 2018 |
Expected volatility |  |  | 58.62%-121.32% |  |  |  | 91.19-113.03% |
Expected term |  |  | 4.02-5.00 Years |  |  |  | 4.7 – 5.06 Years |
Risk-free interest rate |  |  | 1.79% - 2.72% |  |  |  | 2.56% - 2.86% |
Forfeiture Rate |  |  | 0.00% |  |  |  | 0.00% |
Schedule of outstanding stock options | A summary of the status of the Company’s outstanding stock options as of September 30, 2019 and changes during the period ending on that date is as follows:
|  |  |  |  | Weighted Average |  |  | Aggregate Intrinsic |  |  | Average |
|  | Shares |  |  | Exercise |  |  | Value |  |  | Remaining |
|  | (000’s) |  |  | Price |  |  | (000’s) |  |  | Term (Yrs) |
Options |  |  |  |  |  |  |  |  |  |  |  |
Balance at December 31, 2018 |  |  | 4,840 |  |  | $ | 3.04 |  |  | $ | 5,338 |  |  |  | 5.05 |
Granted |  |  | 1,675 |  |  | $ | 3.87 |  |  |  |  |  |  |  |  |
Exercised |  |  | (900 | ) |  | $ | 0.97 |  |  |  |  |  |  |  |  |
Forfeiture and cancelled |  |  | (286 | ) |  | $ | 2.59 |  |  |  |  |  |  |  |  |
Balance at September 30, 2019 |  |  | 5,329 |  |  | $ | 3.66 |  |  | $ | 2,758 |  |  |  | 6.10 |
Exercisable at September 30, 2019 |  |  | 2,305 |  |  | $ | 2.76 |  |  |  |  |  |  |  |  |
Schedule of employee stock options outstanding | The following table summarizes information about employee stock options outstanding at September 30, 2019:
|  | Outstanding Options |  |  | Vested Options |
|  | Number |  |  |  |  |  |  |  |  | Number |  |  |  |  |  |  |
|  | Outstanding |  |  |  |  |  |  |  |  | Exercisable |  |  |  |  |  |  |
|  | at |  |  | Weighted |  |  | Weighted |  |  | at |  |  | Weighted |  |  | Weighted |
|  | September 30, |  |  | Average |  |  | Average |  |  | September 30, |  |  | Average |  |  | Average |
Range of |  | 2019 |  |  | Remaining |  |  | Exercise |  |  | 2019 |  |  | Exercise |  |  | Remaining |
Exercise Price |  | (000’s) |  |  | Term |  |  | Price |  |  | (000’s) |  |  | Price |  |  | Term |
$0.20 - $0.53 |  |  | 359 |  |  |  | 3.45 |  |  | $ | 0.27 |  |  |  | 359 |  |  | $ | 0.27 |  |  |  | 3.45 |
$0.65 - $1.80 |  |  | 342 |  |  |  | 1.60 |  |  | $ | 1.05 |  |  |  | 342 |  |  | $ | 1.05 |  |  |  | 1.60 |
$1.83 - $2.84 |  |  | 554 |  |  |  | 0.85 |  |  | $ | 2.06 |  |  |  | 555 |  |  | $ | 2.07 |  |  |  | 2.85 |
$3.20 - $6.20 |  |  | 4,074 |  |  |  | 7.16 |  |  | $ | 4.39 |  |  |  | 1,049 |  |  |  | 4.52 |  |  |  | 5.23 |
$7.20 - $22.00 |  |  | 0 |  |  |  | 0 |  |  | $ | 0 |  |  |  | 0 |  |  | $ | 0 |  |  |  | 0 |
Outstanding options |  |  | 5,329 |  |  |  | 6.10 |  |  | $ | 3.66 |  |  |  | 2,305 |  |  | $ | 2.76 |  |  |  | 3.84 |
Summary of restricted stock awards | A summary of the Company’s restricted stock activity for the nine months ended September 30, 2019 and 2018 is presented in the following table:
|  | For the Nine Months ended |
|  | September 30, 2019 |  |  | September 30, 2018 |
|  |  |  |  | Weighted |  |  |  |  |  | Weighted |
|  |  |  |  | Average |  |  |  |  |  | Average |
|  | (000’s) |  |  | Grant Date |  |  | (000’s) |  |  | Grant Date |
|  | Shares |  |  | Fair Value |  |  | Shares |  |  | Fair Value |
Unvested at beginning of period |  |  | 38,889 |  |  | $ | 3.64 |  |  |  | 72,222 |  |  | $ | — |
Granted |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Vested |  |  | 8,333 |  |  |  | 3.64 |  |  |  | (25,000 | ) |  |  | — |
Unvested at end of period |  |  | 30,556 |  |  | $ | 3.64 |  |  |  | 47,222 |  |  | $ | 3.64 |

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- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the change in stock options. + References No definition available. + Details
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