XML 42 R27.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2

STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2019

Fair Value of Stock Options Grants

The following assumptions were used in estimating the grant date fair value of stock options granted during the years ended December 31, 2019 and 2018: 

		2019		2018
Weighted average expected term		6.25 years		6.25 years
Weighted average volatility		122	%	123	%
Weighted average risk-free interest rate		2.30	%	3.00	%
Dividend yield		0	%	0	%

Warrant [Member]

Schedule of stock warrant activity

A summary of stock warrant activity for the years ended December 31, 2019 and 2018 are presented below:

							Weighted
				Weighted			Average			Aggregate
		Number of		Average			Remaining			Intrinsic
		Warrants		Exercise			Contractual			Value
		(in thousands)		Price			Life (Years)			(in thousands)
Outstanding at December 31, 2017		200		$	1.86
Granted		—			—
Exercised		(50)		$	0.20
Forfeited		—		$	—
Outstanding and Exercisable at December 31, 2018		150		$	2.42			5.77		$	79
Outstanding at December 31, 2018		150		$	2.42			5.77		$	79
Granted		—			—
Exercised		(40)		$	2.00
Forfeited (1)		(10)		$	2.00
Outstanding and Exercisable at December 31, 2019		100		$	2.63			4.77		$	525

(1) Warrants were exercised under a net exercise provision in the warrant agreement.  As a result, approximately 10,000 warrants were forfeited in lieu of cash payment for shares.

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5047-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(i))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section S99
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6784392&loc=d3e188667-122775

+ Details

Name:	us-gaap_ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_StatementEquityComponentsAxis=us-gaap_WarrantMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: