XML 52 R39.htm IDEA: XBRL DOCUMENT v3.20.4
STOCK-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of black - scholes option-pricing model valuation assumption

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:

 

    Year ended December 31,  
    2020     2019  
Expected volatility     69.18-81.11 %     58.62-121.32 %
Expected term     4.84-5.00 Years       4.02-5.00 Years  
Risk-free interest rate     0.23%-1.39% %     1.58%-2.72% %
Forfeiture Rate     0.00 %     0.00 %
Expected dividend yield     0.00 %     0.00 %
Schedule of outstanding stock options

A summary of the status of the Company’s outstanding stock options as of December 31, 2020 and 2019 and changes during the periods ending on that date is as follows:

 

          Weighted Average     Aggregate     Weighted  
    Shares     Exercise    

Grant Date

Fair

    

Intrinsic

Value

    

Average

Remaining

  
    (000’s)     Price     Value     (000’s)     Term (Yrs)  
Options                                        
At December 31, 2018     4,840     $ 3.04     $ -     $ 5,338       5.05  
Granted     2,874       3.61       2.39                  
Exercised     (912 )     .96       3.98       2,752          
Forfeiture and cancelled     (274 )     3.57                          
At December 31, 2019     6,528     $ 3.54     $ -     $ 8,978       6.58  
Granted     575     $ 7.14     $ 4.66                  
Exercised     (1,806 )     2.83     $ 20.27       31,480          
Forfeiture and cancelled     (99 )     3.93                          
At December 31, 2020     5,198     $ 4.23             $ 240,866       6.89  
Exercisable at December 31, 2020     2,395     $ 3.64             $ 111,775       5.69  
Schedule of employee stock options outstanding

The following table summarizes information about employee stock options outstanding at December 31, 2020:

 

    Outstanding Options     Vested Options  
    Number                 Number              
    Outstanding     Weighted     Weighted     Exercisable     Weighted     Weighted  
    at     Averaged     Averaged     at     Averaged     Averaged  
    December 31,     Remaining     Exercise     December 31,     Exercise     Remaining  
Range of Exercise Price   2020 (000’s)     Life     Price     2020 (000’s)     Price     Life  
$0.20 - $0.53     130       2.34     $ 0.27       130     $ 0.27       2.34  
$0.65 - $1.80     115       4.15     $ 1.05       115     $ 1.05       4.15  
$1.83 - $2.84     208       3.09     $ 1.97       208     $ 1.97       3.09  
$3.20 - $6.20     4,627       7.22     $ 4.17       1,942       4.19       6.28  
$7.20-$22.00     118       9.70       17.92       0       0       0  
Outstanding options     5,198       6.92     $ 4.23       2,395     $ 3.64       5.69  
Schedule of restricted stock activity

A summary of the Company’s restricted stock activity for the years ended December 31, 2020 and 2019 is presented in the following table:

 

    For the twelve months ended  
    December 31, 2020     December 31, 2019  
          Weighted           Weighted  
          Average           Average  
          Grant Date           Grant Date  
    Shares     Fair Value     Shares     Fair Value  
Unvested at beginning of period     90,000     $ 3.23       66,667     $ 3.64  
Granted     175,737       17.46       116,666       3.23  
Vested     (170,145 )     8.08       (93,333 )     3.38  
Forfeited     (29,363 )     4.15       -       -  
Unvested at end of period     66,229     $ 28.11       90,000     $ 3.34