Quarterly report pursuant to Section 13 or 15(d)

STOCK OPTIONS AND WARRANTS (Tables)

v3.19.3
STOCK OPTIONS AND WARRANTS (Tables)
9 Months Ended
Sep. 30, 2019
STOCK OPTIONS AND WARRANTS (Tables)  
Schedule of stock options

 

 

Shares

 

Weighted-Average

Exercise Price

 

Weighted-Average

Remaining

Contractual Term

 

Aggregate

Intrinsic

Value

 

Outstanding at December 31, 2018

 

791,850

 

$

8.09

 

7.7

 

$

1,188,065

 

Grants

 

53,280

 

6.52

 

2.6

 

-

 

Exercised

 

-

 

-

 

-

 

-

 

Expired

 

(1,500

)

 

$

20.00

 

-

 

-

 

Forfeited

 

(20,833

)

 

$

5.75

 

-

 

-

 

Outstanding at September 30, 2019

 

822,797

 

$

8.03

 

6.8

 

$

376,743

 

Exercisable at September 30, 2019

 

808,787

 

$

8.05

 

6.9

 

$

376,743

 

Schedule of assumption

 

Risk-free interest rate

 

2.36% - 2.58%

 

Expected term (years)

 

1.00 - 5.00

 

Expected volatility

 

99.85% - 143.11%

 

Expected dividends

 

0.00

 

Schedule of information regarding stock options

 

 

Options Outstanding

 

Weighted

 

Options Exercisable

 

Average

 

Exercisable

 

Exercise

 

Number of

 

Remaining Life

 

Number of

 

Price

 

Options

 

In Years

 

Options

 

$0.01-2.50

 

330,350

 

6.7

 

330,350

 

2.51-5.00

 

35,000

 

0.8

 

35,000

 

5.01andup

 

457,447

 

7.2

 

443,437

 

822,797

 

6.8

 

808,787

 

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

 

2.17

 

$

20.00

 

10,000

 

2.17

 

100.00

 

62,500

 

1.64

 

100.00

 

62,500

 

1.64

 

$

-

 

72,500

 

1.71

 

$

89.0

 

72,500

 

1.71

 

Schedule of summary of warrant activity

 

 

 

Number of

Shares

 

Weighted

Average

Exercise

Price Per

Share

 

Outstanding at December 31, 2018

 

85,250

 

$

79.40

 

Issued

 

-

 

-

 

Exercised

 

-

 

-

 

Expired

 

(12,750

)

 

25.00

 

Outstanding at September 30, 2019

 

72,500

 

$

89.00