XML 39 R29.htm IDEA: XBRL DOCUMENT v3.20.2
Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2020
Stockholders' Equity Note [Abstract]  
Schedule of assumptions used in Black-Scholes pricing model to estimate the fair value of the options granted
Expected volatility   188.0%
Expected life of option (in years)   5.3 
Risk free interest rate   0.59%
Expected dividend yield   0.0%
Schedule of stock option activity
       Weighted 
   Number of   Average
Exercise
 
   Options   Price 
Stock Options:        
Outstanding at January 1, 2020   1,021,243   $4.82 
Granted   24,000    0.80 
Forfeited or canceled, during the period   (343,476)   3.44 
Expired, during the period   (70,011)   3.57 
Outstanding at September 30, 2020   631,756   $5.55 
Exercisable at September 30, 2020   456,492   $6.60 
Schedule of stock-based compensation expense
   Three Months Ended   Nine Months Ended 
   September 30,   September 30, 
   2020   2019   2020   2019 
Cost of revenue  $386   $375   $1,137   $1,099 
Sales and marketing expense   21    20    61    110 
Product development expense   4,118    8,824    15,338    108,633 
General and administrative expense   43,182    143,183    177,560    567,998 
Total stock compensation expense  $47,707   $152,402   $194,096   $677,840