XML 37 R27.htm IDEA: XBRL DOCUMENT v3.19.2
Warrants (Tables) - Warrant [Member]
6 Months Ended
Jun. 30, 2019
Class of Warrant or Right [Line Items]  
Schedule of assumptions used to estimate fair value warrants granted
   June 30,
2019
 
     
Expected dividend yield   0%
Expected volatility   90%
Risk-free interest rate   2.40%
Expected life of warrants   4.0 years 
Schedule of warrant activity

   Number of Warrants   Weighted
Average
Exercise Price
   Weighted Average Remaining Contractual Life in Years   Aggregate Intrinsic
Value
 
Outstanding – December 31, 2018   2,280,000   $0.72    3.44      
Exercisable – December 31, 2018   2,280,000   $0.72    3.44   $0.00 
Granted   50,000   $1.06           
Forfeited or Expired   (60,000)  $2.91           
Outstanding – June 30, 2019   2,270,000   $0.67    3.04   $0 
Exercisable – June 30, 2019   2,220,000   $0.66    3.03   $838,450 

   

   Number of Warrants   Weighted
Average
Exercise Price per Share
   Weighted Average Contractual Life in Years   Aggregate Intrinsic
Value
 
Outstanding – December 31, 2017   2,232,500   $1.36    4.34                
Exercisable – December 31, 2017   2,232,500   $1.36    4.34   $0 
Granted   0   $0           
Forfeited or Expired   (37,500)  $10.00           
Outstanding – June 30, 2018   2,195,000   $1.21    3.91   $0 
Exercisable – June 30, 2018   2,195,000   $1.21    3.91   $0