Annual report pursuant to Section 13 and 15(d)

STOCK OPTIONS AND WARRANTS (Tables)

v3.19.1
STOCK OPTIONS AND WARRANTS (Tables)
12 Months Ended
Dec. 31, 2018
Warrant [Member]  
Fair value of stock-based payment awards

Risk-free interest rate   2.78% to 2.91 %
Dividend yield     0 %
Stock price volatility   176.31% to 177.01 %
Expected life   3.00 years  
Weighted average grant date fair value   $ 5.84  
Summary of stock option plan and warrants
Warrants Outstanding     Warrants Exercisable  
Exercise Prices     Number Outstanding    

Weighted

Average

Remaining

Contractual

Life

(Years)

   

Weighted

Average

Exercise

Price

   

Number

Exercisable

   

Weighted

Average

Remaining

Contractual

Life (Years)

 
$ 20.00       10,000       2.92     $ 20.00       10,000       2.92  
  25.00       12,750       0.52       25.00       12,750       0.52  
  100.00       62,500       2.39       100.00       62,500       2.39  
$ -       85,250       2.17     $ 79.40       85,250       2.17  
Transactions involving stock option plan and warrants

   

Number of

Shares

   

Weighted

Average

Exercise

Price Per

Share

 
Outstanding at January 1, 2017     26,300     $ 58.00  
Issued     -          
Exercised     -          
Expired     (2,000 )     25.00  
Outstanding at December 31, 2017     24,300     $ 91.00  
Issued     72,500       88.97  
Exercised     -       -  
Expired     (11,550 )     100.00  
Outstanding at December 31, 2018     85,250     $ 79.40  
Stock Options [Member]  
Fair value of stock-based payment awards
    2018     2017  
Risk-free interest rate     2.85 %     1.86 %
Dividend yield     0 %     0 %
Stock price volatility     135.18 %     171.77 %
Expected life   5.50 years     5.00 years  
Weighted average grant date fair value   $ 12.07     $ 15.19  
Summary of stock option plan and warrants
    Shares    

Weighted-

Average

Exercise

Price

   

Weighted-

Average

Remaining

Contractual

Term

   

Aggregate

Intrinsic

Value

 
Outstanding at January 1, 2017     478,500     $ 9.00       4.4     $ -  
Grants     350       1.60       10.0       -  
Exercised     -                          
Canceled     -                          
Outstanding at December 31, 2017     478,850     $ 4.00       8.9     $ 326,700  
Grants     315,000       14.00       5.0       -  
Exercised     -                          
Expired     (2,000 )   $ 10.00       -       -  
Outstanding at December 31, 2018     791,850     $ 8.09       7.7     $ 1,188,065  
Exercisable at December 31, 2018     634,350     $ 6.63       7.3     $ 1,188,065  
Transactions involving stock option plan and warrants

Options Outstanding     Options Exercisable  
            Weighted        
            Average     Exercisable  
Exercise   Number of     Remaining Life     Number of  
Price   Options     In Years     Options  
                     
$ 0.01-2.50     330,350       7.5       330,350  
  2.51-5.00     35,000       1.6       35,000  
  5.01andup     426,500       8.4       269,000  
        791,850       7.7       39,635,000