STOCK OPTIONS AND WARRANTS (Tables)
|
6 Months Ended |
Jun. 30, 2020 |
|---|
| ACCOUNTS PAYABLE AND ACCRUED EXPENSES |
|
| Schedule of stock options |
|
|
| Shares
|
|
| Weighted-Average
Exercise Price
|
|
| Weighted-Average
Remaining
Contractual Term
|
|
| Aggregate
Intrinsic
Value
|
|
| Outstanding at December 31, 2019
|
|
| 822,797
|
|
| $
| 8.03
|
|
|
| 6.5
|
|
| $
| 244,603
|
|
| Grants
|
|
| 8,334
|
|
|
| 3.00
|
|
|
| 2.8
|
|
|
| -
|
|
| Exercised
|
|
| -
|
|
|
| -
|
|
|
| -
|
|
|
| -
|
|
| Expired
|
|
| -
|
|
|
| -
|
|
|
| -
|
|
|
| -
|
|
| Forfeited
|
|
| -
|
|
|
| -
|
|
|
| -
|
|
|
| -
|
|
| Outstanding at June 30, 2020
|
|
| 831,131
|
|
| $
| 7.98
|
|
|
| 6.0
|
|
| $
| 274,334
|
|
| Exercisable at June 30, 2020
|
|
| 822,658
|
|
| $
| 8.02
|
|
|
| 6.1
|
|
| $
| 274,334
|
|
|
| Schedule of information regarding stock options |
| Options Outstanding
|
| Price
|
| Number of
Options
|
|
| Weighted
Average
Remaining Life
In Years
|
|
| Options Exercisable
Exercisable
Number of
Options
|
|
|
|
|
|
|
|
|
|
|
|
|
| $0.01-2.50
|
|
| 330,350
|
|
|
| 6.0
|
|
|
| 330,350
|
|
| 2.51-5.00
|
|
| 43,334
|
|
|
| 0.6
|
|
|
| 37,778
|
|
| 5.01 and up
|
|
| 457,447
|
|
|
| 6.6
|
|
|
| 454,530
|
|
|
|
|
| 831,131
|
|
|
| 6.0
|
|
|
| 822,658
|
|
|
| Schedule of changes in warrants outstanding |
| 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
|
|
|
| 1.42
|
|
| $
| 20.00
|
|
|
| 10,000
|
|
|
| 1.42
|
|
|
| 100.00
|
|
|
| 62,500
|
|
|
| 0.89
|
|
|
| 100.00
|
|
|
| 62,500
|
|
|
| 0.89
|
|
| $
| -
|
|
|
| 72,500
|
|
|
| 0.96
|
|
| $
| 89.0
|
|
|
| 72,500
|
|
|
| 0.96
|
|
|
| Scheule of Black-Scholes option pricing model |
| Risk-free interest rate
|
|
| 0.29
| %
|
| Expected term (years)
|
|
| 3.00
|
|
| Expected volatility
|
|
| 112.97
| %
|
| Expected dividends
|
|
| 0.00
|
|
|
| Schedule of summary of warrant activity |
|
|
| Number of
Shares
|
|
| Weighted
Average
Exercise
Price Per
Share
|
|
| Outstanding at December 31, 2019
|
|
| 72,500
|
|
| $
| 89.00
|
|
| Issued
|
|
| -
|
|
|
| -
|
|
| Exercised
|
|
| -
|
|
|
| -
|
|
| Expired
|
|
| -
|
|
|
| -
|
|
| Outstanding at June 30, 2020
|
|
| 72,500
|
|
| $
| 89.00
|
|
|