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WARRANTS | 12 Months Ended
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Dec. 31, 2017
WARRANTS [Abstract] |
WARRANTS |
NOTE 9. | WARRANTS:
Below is a table summarizing the Company’s outstanding warrants for the year ended December 31, 2017:
|  | Number of Shares |  |  | Weighted Average, Exercise Price |  |  | Weighted Average, Remaining term |
Warrants Outstanding at December 31, 2014 |  |  | - |  |  |  | - |  |  |  | - |
Granted |  |  | 2,777,777 |  |  |  | 1.80 |  |  |  | 4.41 |
Exercised |  |  | - |  |  |  | - |  |  |  | - |
Warrants Outstanding at December 31, 2015 |  |  | 2,777,777 |  |  |  | 1.80 |  |  |  | 4.41 |
Granted |  |  | 1,000,000 |  |  |  | 6.00 |  |  |  | - |
Exercised |  |  | 111,111 |  |  |  | 1.80 |  |  |  | - |
Warrants Outstanding at December 31, 2016 |  |  | 2,666,666 |  |  |  | 1.80 |  |  |  | 3.90 |
Granted |  |  | - |  |  |  |  |  |  |  |  |
Exercised |  |  | 1,666,666 |  |  |  | 1.80 |  |  |  |  |
Warrants Outstanding at December 31, 2017 |  |  | 1,000,000 |  |  |  | 6.00 |  |  |  | 2.36 |
For the year ended December 31, 2017, the Company recorded $2,170,506 as warrant-based expense, and for the year ended December 31, 2016, the Company recorded no warrant-based expense.

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- Definition The entire disclosure of warrants issued or to be issued under warrant agreements. Warrants 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. May disclose information about the aggregate amount of securities called for by warrants outstanding, the date from which the warrants are exercisable, and the price at which the warrant is exercisable. + References No definition available. + Details
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- References No definition available. + Details
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