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STOCKHOLDERS' EQUITY (Tables)
6 Months Ended
Jun. 30, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of stock option activity under the 2011 Long-Term Incentive Plan

A summary of stock option activity under the 2011 Long-Term Incentive Plan as of June 30, 2020, and changes during the six months ended June 30, 2020, are presented below:

  

    Stock
Options
    Weighted average
exercise price
    Weighted
average remaining
contractual term
    Aggregate
intrinsic value
 
Outstanding as of January 1, 2020       379,800     $ 7.54       6.1     $ 22  
Granted       70,000       1.68                  
Exercised                              
Forfeited       (2,000 )     15.05                  
Outstanding as of June 30, 2020       447,800     $ 6.59       6.30     $ 6  
Exercisable as of June 30, 2020       377,800     $ 7.50       5.60     $