STOCK OPTIONS AND WARRANTS (Tables)

12 Months Ended

Dec. 31, 2018

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Summary of Stock Options Pricing

	Options issued 2018	Options issued 2017
Dividend yield	0%	0%
Expected volatility	73% - 78%	78% - 87%
Risk free interest rate	2.46% - 3.00%	1.73% - 2.20%
Expected life (years)	5.00	5.00

Summary of Stock Option Activity

A summary of stock option activity is as follows:

	Common stock options			Weighted- average exercise price		Aggregate intrinsic value		Weighted-average remaining contractual term (years)
Outstanding – December 31, 2017		2,811,250		$	0.54	$	1,849,517		3.65
Issued		745,000		$	1.11		—		—
Exercised		—			—		—		—
Forfeited		(60,000	)	$	0.50		—		—
Outstanding – December 31, 2018		3,496,250		$	0.66	$	2,608,329		3.04
Exercisable – December 31, 2018		2,334,584		$	0.52	$	2,071,980		2.48

Summary of Unvested Stock Option Activity

A summary of unvested stock option activity is as follows:

	Common stock options			Weighted- average exercise price		Aggregate intrinsic value		Weighted-average remaining contractual term (years)
Unvested – December 31, 2017		825,557		$	0.63	$	467,379		4.27
Granted		745,000			1.11		—		—
Vested		(348,891	)		0.63		—		—
Forfeited		(60,000	)		0.50		—		—
Unvested – December 31, 2018		1,161,666		$	0.95	$	535,475		4.15