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Stock Options (Tables)
6 Months Ended
Jun. 30, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of stock option activity

   Shares   Weighted-
Average
Exercise
Price
Per Share
 
Outstanding, December 31, 2019   212,044   $12.79 
Granted   198,000    5.74 
Forfeited   72,044    32.45 
Outstanding, June 30, 2020   338,000   $4.47 

Schedule of information regarding outstanding and exercisable options
    Outstanding   Exercisable 
Exercise
Prices
   Number of
Option Shares
   Weighted Average
Exercise Price
   Weighted Average
Remaining Life
(Years)
   Number of
Option Shares
   Weighted Average
Exercise Price
 
$5.74    198,000   $5.74    2.74    198,000   $5.74 
 3.00    90,000    3.00    1.20    60,000    3.00 
 2.09    50,000    2.09    1.74    50,000    2.09 
      338,000   $9.38    2.18    338,000   $4.61 

 

Schedule of estimated fair value options

Common stock price   2.54 
Dividend yield   0%
Risk-free interest rate   1.89%
Expected term (years)   3 
Expected volatility   328%