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STOCK-BASED COMPENSATION PLANS (Tables)

6 Months Ended

Jun. 30, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

The Company used the Black Scholes option pricing model to determine the fair value of stock option grants, using the following assumptions for the three and six months ended June 30, 2017. There were no options granted during the three or six months ended June 30, 2018:

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2018			2017			2018			2017
Expected term (years)		-			6.25			-			6.25
Risk-free interest rate		-	%		1.83	%		-	%		1.76	%
Expected volatility		-	%		122.85	%		-	%		125.20	%
Expected dividend yield		-	%		0.00	%		-	%		0.00	%

Summary of Stock Option Activity Under the Option Plan

A summary of stock option activity under all equity compensation plans for the six months ended June 30, 2018, is presented below:

						Weighted-
						Average
				Weighted-		Remaining		Aggregate
	Number of			Average		Contractual		Intrinsic
	Shares			Exercise		Term		Value
	(in thousands)			Price		(Years)		(in thousands)
Outstanding at December 31, 2017		2,126		$	0.56		6.5	$	5,579
Granted		-		$	-
Forfeited		(42	)	$	1.75
Exercised		(317	)	$	0.43
Outstanding at June 30, 2018		1,767		$	0.55		6.3	$	4,499

Exercisable at June 30, 2018		1,278		$	0.38		5.3	$	3,421

Restricted Stock Award Activity Under all Equity Compensation Plans

A summary of restricted stock award activity under all equity compensation plans for the six months ended June 30, 2018, is presented below:

	Number of
	Shares
	(in thousands)
Granted but not vested at December 31, 2017		15
Granted		70
Forfeited		-
Vested		(8	)
Granted but not vested at June 30, 2018		77