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STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Schedule of warrant activity

The following table summarizes the Company’s warrant activity:

 

    Common Unit Warrants  
    Number of
Warrants
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Term (In Years)
 
Outstanding – December 31, 2018     2,438,000     $ 6.75       0.55  
Granted                  
Exercised     (400,281 )     6.75        
Expired                  
Outstanding – March 31, 2019     2,037,719     $ 6.75       0.32  
Exercisable – March 31, 2019     2,037,719     $ 6.75       0.32  
Schedule of Stock Options, Valuation Assumptions
       
Expected volatility     67.8 %
Risk-free interest rate     2.5 %
Expected life     6.25 years  
Dividend yield     0.0 %
Summary of restricted stock activity

A summary of the restricted stock activity is presented as follows:

 

    Shares     Weighted 
Average
Grant Date Fair
Value
 
Unvested balance at December 31, 2018     165,834     $ 5.84  
Granted            
Vested     (2,500 )     4.99  
Forfeited            
Unvested balance at March 31, 2019     163,334     $ 5.85  
Schedule of option activity

The following table summarizes the Company’s stock option activity:

 

    Number of
Options
    Weighted
Average
Exercise
Price
    Weighted
Average
Remaining
Contractual
Term 
(In Years)
 
Outstanding – December 31, 2018     229,334     $ 5.55       9.08  
Granted                  
Exercised                  
Expired                  
Outstanding – March 31, 2019     229,334     $ 5.55       8.83  
Exercisable – March 31, 2019     57,334     $ 5.55       8.83