Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2020

Share-based Payment Arrangement [Abstract]

Schedule of stock options outstanding

Time Vesting Options			Weighted
			Average		Weighted				Weighted
			Remaining		Average				Average
Range of Exercise	Number		Contractual		Exercise		Options		Exercise
Prices between	Outstanding		Life		Price		Exercisable		Price
$0.01 - $5.39		1,605,000		9.92	$	2.52		-	$	-
$5.40 - $7.50		184,830		5.85	$	6.72		159,830	$	6.60
$7.51 - $160.50		103,979		4.95		11.74		94,396	$	12.05
		1,893,809		9.25	$	3.44		254,226

Performance Vesting Options			Weighted
			Average		Weighted				Weighted
			Remaining		Average				Average
Range of Exercise	Number		Contractual		Exercise		Options		Exercise
Prices between	Outstanding		Life		Price		Exercisable		Price
$0.01 - $5.39		800,000		9.93	$	2.53		-	$	-
$5.40 - $7.50		-		-	$	-		-	$	-
		800,000		9.93	$	2.53		-

Schedule of stock option activity

	Time Vesting Options					Performance Vesting Options
				Weighted				Weighted
				Average				Average
	Options			Exercise		Options		Exercise
Date/Activity	Outstanding			Price		Outstanding		Price
Balance, December 31, 2019		313,809		$	8.06		-	$	-
Granted		1,580,000			2.53		800,000		2.53
Exercised		-			-		-		-
Forfeited or expired		(51	)		367.50		-		-
Balance, June 30, 2020		1,893,809			3.44		800,000	$	2.53

Schedule of fair value of the options

Risk-free interest rate	0.66	%
Expected term	6.25 years
Expected price volatility	89.18	%
Dividend yield	0	%

Schedule of revenue and EBITDA targets

Calendar Year	Revenue Target	EBITDA Target
2020	$32 million	$2.2 million
2021	$35 million	$3.1 million
2022	$38 million	$3.5 million