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Equity (Tables)
12 Months Ended
Dec. 31, 2018
Stockholders' Equity Note [Abstract]  
Summary of stock options using the black-scholes model
Expected
Terms (years)
  Expected
Volatility
  Dividend
Yield
  Risk Free
Interest Rate
  Grant Date
 Fair Value
 Per share
10   126%-228%   0%   0.73%-1.65%   $1.22-$5.15
Summary of option activity
Stock options  Shares   Weighted average
exercise price
  

Aggregate

intrinsic
value (1)

 
Outstanding as of January 1, 2017   1,237,867   $2.17               
Forfeited   (221,000)   -      
Outstanding as of December 31, 2017   1,016,867   $2.26      
Forfeited   (84,000)          
Exercised   (51,000)          
Outstanding as of December 31, 2018   881,867   $2.34   $- 

 

(1)The intrinsic value of the stock options at December 31, 2018 is the amount by which the market value of the Company's common stock of $1.13 as of December 31, 2018 exceeds the exercise price of the options.
Summary of options outstanding and exercisable
Outstanding options   Exercisable options 
Average
exercise
price
   Number   Average
remaining
contractual
life (years)
   Average
exercise
price
   Number   Average
remaining
contractual
life (years)
 
                      
$1.45    107,000    3.00   $1.45    107,000    3.00 
                            
$2.30    94,000    4.77   $2.30    94,000    4.77 
                            
$5.31    131,000    5.64   $5.31    104,800    5.64 
                            
$1.64    159,000    6.60   $1.64    159,000    6.60 
                            
$1.88    390,867    7.22   $1.88    390,867    7.22 
                            
      881,867              855,667