XML 63 R53.htm IDEA: XBRL DOCUMENT v3.20.2
Stock-Based Compensation - Performance Based Stock Options (Details) - USD ($)
3 Months Ended 6 Months Ended
Apr. 17, 2020
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Weighted Average Exercise Price          
Stock based compensation expenses   $ (1,461,014) $ 1,501,326 $ (526,168) $ 3,018,628
Stock option awards - Performance based awards          
Number of Shares          
Outstanding at the beginning of the period (in shares)       388,125 388,125
Granted (in shares)       600,000  
Forfeited (in shares)       (388,125)  
Outstanding at the end of the period (in shares)   600,000 388,125 600,000 388,125
Exercisable at end of period (in shares)   0 0 0 0
Weighted Average Exercise Price          
Outstanding at the beginning of the period (in dollars per share)       $ 4.70 $ 4.70
Granted (in dollars per share)       2.45  
Forfeited (in dollars per share)       4.70  
Outstanding at the end of the period (in dollars per share)   $ 2.45 $ 4.70 2.45 4.70
Exercisable (in dollars per share)   $ 0 $ 0 $ 0 $ 0
Stock based compensation expenses   $ (596,687) $ 123,901 $ (510,791) $ 246,440
Unrecognized stock-based compensation expenses   $ 100,000   $ 100,000  
President and Chief Executive Officer | Stock option awards - Performance based awards          
Number of Shares          
Forfeited (in shares) (388,125)        
Weighted Average Exercise Price          
Estimated expense reduction in stock compensation expense related to forfeited stock awards $ 700,000