STOCKHOLDERS' EQUITY (Tables)

3 Months Ended

Mar. 31, 2018

The following is a summary of transactions pertaining to restricted stock:

	Shares			Weighted Average Grant Date Fair Value Per Share
Nonvested restricted stock outstanding at December 31, 2017		607,994		$	1.90
Granted		113,946			1.55
Canceled		-			-
Vested		(576,446	)		1.60

Nonvested restricted stock outstanding at March 31, 2018		145,494			2.82

The following is a summary of transactions pertaining to stock options:

	Shares			Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Term	Aggregate Intrinsic Value (in thousands)
Outstanding at December 31, 2017		167,667		$	12.11	2.97 years	$	-
Canceled		(20,000	)		12.00			-

Outstanding at March 31, 2018		147,667			12.13	3.10 years		-

Vested as of March 31, 2018		147,667			12.13	3.10 years		-

Exercisable as of March 31, 2018		147,667			12.13	3.10 years		-

The following table presents a summary of stock options outstanding:

		At March 31, 2018
		Stock Options Outstanding						Stock Options Exercisable
Range of Exercise Prices		Shares		Contractual Weighted Average Life (years)		Weighted Average Price		Shares		Weighted Average Exercise Price
$	4.00-$13.99		99,667		3.59	$	8.15		99,667	$	8.15
$	14.00-$19.99		17,000		1.59		19.98		17,000		19.98
$	20.00-$25.00		31,000		2.35		20.62		31,000		20.62

			147,667		3.10		12.13		147,667		12.13