STOCK OPTIONS AND WARRANTS (Tables)
|
9 Months Ended |
Sep. 30, 2020 |
|---|
| STOCK OPTIONS AND WARRANTS |
|
| 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 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 |
|
|
| 2.6 |
|
|
| - |
|
| Exercised
|
|
| - |
|
|
| - |
|
|
| - |
|
|
| - |
|
| Expired
|
|
| - |
|
|
| - |
|
|
| - |
|
|
| - |
|
| Forfeited
|
|
| - |
|
|
| - |
|
|
| - |
|
|
| - |
|
| Outstanding at September 30, 2020
|
|
| 831,131 |
|
| $ | 7.98 |
|
|
| 6.0 |
|
| $ | 105 |
|
| Exercisable at September 30, 2020
|
|
| 825,575 |
|
| $ | 8.00 |
|
|
| 6.0 |
|
| $ | 105 |
|
|
| 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 |
|
|
| 5.7 |
|
|
| 330,350 |
|
| 2.51-5.00
|
|
| 43,334 |
|
|
| 4.4 |
|
|
| 39,445 |
|
| 5.01 and up
|
|
| 457,447 |
|
|
| 6.4 |
|
|
| 455,780 |
|
|
|
|
| 831,131 |
|
|
| 6.0 |
|
|
| 825,575 |
|
|
| 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 |
|
|
| 1.16 |
|
| $ | 20.00 |
|
|
| 10,000 |
|
|
| 1.16 |
|
|
| 100.00
|
|
|
| 62,500 |
|
|
| 0.64 |
|
|
| 100.00 |
|
|
| 62,500 |
|
|
| 0.64 |
|
| $ | -
|
|
|
| 72,500 |
|
|
| 0.71 |
|
| $ | 89.0 |
|
|
| 72,500 |
|
|
| 0.71 |
|
|
| 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 September 30, 2020
|
|
| 72,500 |
|
| $ | 89.00 |
|
|