XML 45 R33.htm IDEA: XBRL DOCUMENT
v3.20.2

14. Stock Options (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020
Share-based Payment Arrangement [Abstract] |
Schedule of assumptions used | The fair value of these options was determined to be $2,649,379 using the Black-Scholes option pricing model based on the following assumptions:
Exercise Price | $2.61 - $10.00
Dividend Yield | 0%
Volatility | 122%
Risk-free interest rate | 0.31%
Expected life of options | 5.0 years
Schedule of stock option activity | The following table summarizes the changes in the Company’s stock option plan during the six months ended June 30, 2020:
|  | Options Outstanding Number Of Shares |  |  | Exercise Prices Per Share |  |  | Weighted Average Remaining Contractual Life |  |  | Weighted Average Exercise Price Per Share |  |  | Aggregate Intrinsic Value |
Balance at December 31, 2019 |  |  | 1,289,866 |  |  | $ | 1.99 - 12.00 |  |  |  | 6.49 years |  |  | $ | 7.18 |  |  |  | – |
Options Granted |  |  | 630,000 |  |  | $ | 2.61 - 10.00 |  |  |  | 4.99 years |  |  | $ | 5.08 |  |  |  | – |
Options Exercised |  |  | – |  |  | $ | – |  |  |  | – |  |  | $ | – |  |  |  | – |
Options Cancelled |  |  | 2,000 |  |  | $ | 1.99 |  |  |  | 3.69 years |  |  | $ | 1.99 |  |  |  | – |
Options Expired |  |  | – |  |  | $ | – |  |  |  | – |  |  | $ | – |  |  |  | – |
Balance at June 30, 2020 |  |  | 1,917,866 |  |  | $ | 1.99 - 10.00 |  |  |  | 2.26 years |  |  | $ | 3.49 |  |  |  | – |
Exercisable December 31, 2019 |  |  | 1,176,416 |  |  | $ | 1.99 - 9.00 |  |  |  | 6.25 years |  |  | $ | 7.67 |  |  |  | – |
Exercisable June 30, 2020 |  |  | 1,321,142 |  |  | $ | 1.99 - 3.17 |  |  |  | 1.12 years |  |  | $ | 2.69 |  |  |  | – |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of activity for award under share-based payment arrangement. Includes, but is not limited to, outstanding award at beginning and end of year, granted, exercised, forfeited, and weighted-average grant date fair value. + 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 (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration