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STOCK BASED COMPENSATION (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2019
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]    
Schedule of Stock-based Compensation Plans

Share-based compensation was recognized as follows:


 

 

For the Nine

 

 

For the Nine

 

 

 

Months Ending

 

 

Months Ending

 

 

 

September 30, 2019

 

 

September 30, 2018

 

 

 

 

 

 

 

 

2007 Employee Stock Option Plan

 

$

 

 

$

15,149

 

2016 Equity Incentive Plan

 

 

500,591

 

 

 

323,927

 

Warrants

 

 

57,005

 

 

 

62,731

 

 

 

 

 

 

 

 

 

 

  Total share-based compensation

 

$

557,596

 

 

$

401,807

Share-based compensation was recognized as follows:


 

 

2018

 

 

2017

 

 

 

 

 

 

 

 

2007 Employee Stock Option Plan

 

$

15,149

 

 

$

18,322

 

2016 Equity Incentive Plan

 

 

372,539

 

 

 

776,416

 

Warrants

 

 

78,390

 

 

 

416,934

 

 

 

 

 

 

 

 

 

 

Total share-based compensation

 

$

466,078

 

 

$

1,211,672

 

Schedule of Non-Qualified Stock Options and Warrants Outstanding and Exercisable

The following tables summarize all stock option and warrant activity of the Company during the nine months ended September 30, 2019:


 

 

 

Non-Qualified Stock Options and Warrants
Outstanding and Exercisable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of

 

 

Exercise

 

 

Weighted Average

 

 

 

 

Shares

 

 

Price

 

 

Exercise Price

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding, December 31, 2018

 

 

 

18,964,867

 

 

$0.57 - $1.69

 

 

$

0.91

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

 

 

1,122,500

 

 

$0.64 - $1.05

 

 

$

0.83

 

Expired

 

 

 

(3,838,600

)

 

$0.95 - $1.25

 

 

$

1.13

 

Forfeited

 

 

 

(151,250

)

 

$0.77 - $1.50

 

 

$

0.91

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding, September 30, 2019

 

 

 

16,097,517

 

 

$0.57 - $1.69

 

 

$

0.85

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable, September 30, 2019

 

 

 

15,190,336

 

 

$0.57 - $1.69

 

 

$

0.85

The following tables summarize all stock option and warrant activity of the Company during the years ended December 31, 2018 and 2017:


 

 

Non-Qualified Stock Options and Warrants
Outstanding and Exercisable

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of

 

 

Exercise

 

 

Weighted Average

 

 

 

Shares

 

 

Price

 

 

Exercise Price

 

 

  

 

 

 

 

 

 

 

 

Outstanding, December 31, 2016

 

 

18,101,367

 

 

$

0.57 - $1.69

 

 

$

0.90

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

 

1,770,000

 

 

$

0.60 - $1.50

 

 

$

0.97

 

Expired

 

 

(772,500

)

 

$

0.68 - $1.69

 

 

$

0.98

 

Forfeited

 

 

 

 

 

 

 

 

 

Exercised

 

 

(469,000

)

 

$

1.00. - $1.25

 

 

$

1.07

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding, December 31, 2017

 

 

18,629,867

 

 

$

0.57 - $1.69

 

 

$

0.90

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Granted

 

 

720,000

 

 

$

1.07 - $1.27

 

 

$

1.19

 

Expired

 

 

(100,000

)

 

$

0.90 - $.90

 

 

$

0.90

 

Forfeited

 

 

(85,000

)

 

$

0.92 - $1.22

 

 

$

0.96

 

Exercised

 

 

(200,000

)

 

$

0.615 - $1.00

 

 

$

0.81

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding, December 31, 2018

 

 

18,964,867

 

 

$

0.57 - $1.69

 

 

$

0.91

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable, December 31, 2018

 

 

18,504,240

 

 

$

0.57 - $1.69

 

 

$

0.90

 

Schedule of Non-Qualified Stock Options and Warrants Outstanding, by Exercise Price Range

During the three month period ending September 30, 2018, 100,000 options were exercised for proceeds of $100,000.


Non-Qualified Stock Options and Warrants Outstanding

 

 

Number Outstanding

 

Weighted Average

 

Weighted Average

Range of

 

Currently Exercisable

 

Remaining

 

Exercise Price of Options and

Exercise Prices

 

at September 30, 2019

 

Contractual Life

 

Warrants Currently Exercisable

 

    

 

    

 

    

 

$0.57 - $1.69

 

15,190,336

 

3.92 Years

 

$0.85

Non-Qualified Stock Options and Warrants Outstanding

 

 

Number Outstanding

 

Weighted Average

 

Weighted Average

Range of

 

Currently Exercisable

 

Remaining

 

Exercise Price of Options and

Exercise Prices

 

at December 31, 2018

 

Contractual Life

 

Warrants Currently Exercisable

 

 

 

 

 

 

 

$0.57 - $1.69

 

18,504,240

 

3.53 Years

 

$0.90