RELATED PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2019

RELATED PARTY TRANSACTIONS

Schedule of key management remuneration

	For the years ended December 31,
	2019		2018		2017
Short-term employee benefits
Employee salaries and bonuses	$	2,235,926	$	2,112,605	$	1,326,702
Directors fees		245,000		270,000		267,785
Social security and medical care costs		77,284		63,529		32,912
		2,558,210		2,446,134		1,627,399
Post-employment benefits
Contributions to defined contribution pension plan		32,435		34,162		15,928
Employee termination expense		—		296,592		—
Share-based payments		1,555,857		2,270,023		1,055,719
Total key management remuneration	$	4,146,502	$	5,046,911	$	2,699,046