XML 39 R27.htm IDEA: XBRL DOCUMENT
v3.19.2

Share-based Compensation (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
Share-based Compensation [Abstract] |
Schedule of stock-based compensation expense included in statement of operations |
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
| Stock options | $ | 40,098 |  |  | $ | 85,325 |  |  | $ | 72,196 |  |  | $ | 165,314 |
| Restricted stock units |  | 136,770 |  |  |  | — |  |  |  | 267,165 |  |  |  | — |
| Total | $ | 176,868 |  |  | $ | 85,325 |  |  | $ | 339,361 |  |  | $ | 165,314 |
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
| Payroll and related expenses | $ | 170,118 |  |  | $ | 85,325 |  |  | $ | 332,611 |  |  | $ | 165,314 |
| Marketing and business development expenses |  | 6,750 |  |  |  | — |  |  |  | 6,750 |  |  |  | — |
| Total | $ | 176,868 |  |  | $ | 85,325 |  |  | $ | 339,361 |  |  | $ | 165,314 |
Schedule of fair value stock-based option awards granted using Black-Scholes option valuation model |
|  |  | 2019 |  |  | 2018 |
| Expected dividend yield |  |  | — | % |  |  | — | %
| Expected stock volatility |  |  | 68.35 | % |  |  | 25.70 | %
| Risk-free interest rate |  |  | 2.44 | % |  |  | 2.56 | %
| Expected life |  |  | 3.00 |  |  |  | 5.00 |
Schedule of employee stock option activity |
|  |  | Shares |  |  | Weighted Average Fair Value Per Share |  |  | Weighted Average Exercise Price Per Share |  |  | Weighted Average Remaining Terms (in years) |  |  | Aggregate Intrinsic Value |
| Outstanding – December 31, 2018 |  |  | 1,105,059 |  |  | $ | 1.24 |  |  | $ | 4.06 |  |  |  | 8.41 |  |  | $ | — |
| Granted |  |  | — |  |  |  | — |  |  |  | — |  |  |  |  |  |  |  |  |
| Exercised |  |  | — |  |  |  | — |  |  |  | — |  |  |  |  |  |  |  |  |
| Cancelled |  |  | (25,000 | ) |  |  | — |  |  |  | — |  |  |  |  |  |  |  |  |
| Outstanding – June 30, 2019 |  |  | 1,080,059 |  |  |  | 1.24 |  |  |  | 4.05 |  |  |  | 7.90 |  |  | $ | — |
| Exercisable – December 31, 2018 |  |  | 949,355 |  |  |  | 1.23 |  |  |  | 4.00 |  |  |  | 8.30 |  |  |  | — |
| Exercisable – June 30, 2019 |  |  | 997,273 |  |  | $ | 1.24 |  |  | $ | 4.03 |  |  |  | 7.85 |  |  | $ | — |
Schedule of RSU activities |
|  | Number of Shares
| Non-vested balance at January 1, 2019 |  |  | 22,364 |
| Granted |  |  | 508,349 |
| Vested |  |  | (27,792 | )
| Forfeited/Expired |  |  | — |
| Non-vested balance at June 30, 2019 |  |  | 502,921 |

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 the changes in other outstanding share-based compensation awards other than stock options or nonvested awards. + 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 (c)(2) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfOtherShareBasedCompensationActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, 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 (d) -URI http://asc.fasb.org/extlink&oid=109197908&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 (e) -URI http://asc.fasb.org/extlink&oid=109197908&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 (c)(1) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
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=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
Name: | us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration