STOCK OPTIONS (Tables)

12 Months Ended

Dec. 31, 2017

	Years Ended December 31,
	2017					2016					2015
	Shares		Weighted Average Exercise Price			Shares		Weighted Average Exercise Price			Shares		Weighted Average Exercise Price
Outstanding at beginning of period	1,817,919		$	1.52		2,125,069		$	0.94		2,386,736		$	0.95
Granted	—		$	—		750,400		$	2.18		—		$	—
Exercised	—		$	—		(1,046,580	)	$	(0.82	)	(259,977	)	$	(1.05	)
Forfeited	(12,400	)	$	(2.75	)	(10,970	)	$	(1.08	)	(1,690	)	$	(1.30	)


Outstanding at end of period	1,805,519		$	1.51		1,817,919		$	1.52		2,125,069		$	0.94



Exercisable at end of period	1,803,119		$	1.51		1,218,519		$	1.06		2,125,069		$	0.94

Schedule of information about stock options by range of exercise prices

The following table summarizes information about Director, officer, and employee options outstanding under the stock option plan at December 31, 2017:

Exercise Prices		Shares Outstanding	Weighted Average Remaining Contractual Life	Shares Exercisable
$	1.30	478,416	0.88	478,416
$	1.46	50,000	5.37	50,000
$	0.81	540,103	1.54	540,103
$	1.05	250,000	8.99	250,000
$	2.75	487,000	8.70	484,600

Non Employees

STOCK OPTIONS

Summary of options outstanding

	Years Ended December 31,
	2017			2016			2015
	Shares	Weighted Average Exercise Price		Shares	Weighted Average Exercise Price		Shares		Weighted Average Exercise Price

Outstanding at beginning of period	57,500	$	0.81	57,500	$	0.81	70,000		$	0.81
Granted	—	$	—	—	$	—	—		$	—
Exercised	—	$	—	—	$	—	(12,500	)	$	(0.81	)
Forfeited	—	$	—	—	$	—	—		$	—


Outstanding at end of period	57,500	$	0.81	57,500	$	0.81	57,500		$	0.81



Exercisable at end of period	57,500	$	0.81	57,500	$	0.81	57,500		$	0.81

Schedule of information about stock options by range of exercise prices

The following table summarizes information about non-employee options outstanding under the stock option plan at December 31, 2017:

Exercise Price			Shares Outstanding		Weighted Average Remaining Contractual Life		Shares Exercisable
$	0.81		57,500		1.54		57,500