STOCK BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2017

STOCK BASED COMPENSATION

Summary of Stock Option Activity

			Weighted	Remaining
			Average	Contractual
	Number of		Exercise	Term
	Shares	Price		(Years)
Outstanding, December 31, 2015	2,275,000	$	0.33	6.50
Exercisable, December 31, 2015	2,200,000	$	0.30	6.72
Granted	2,400,000	$	1.16	5.34
Exercised	—		—	—
Forfeited	—		—	—
Outstanding, December 31, 2016	4,675,000	$	0.76	5.39
Exercisable, December 31, 2016	3,010,000	$	0.54	5.97
Granted	422,000	$	1.86	5.69
Exercised	—		—	—
Forfeited	(100,000)		—	—
Outstanding, December 31, 2017	4,997,000	$	0.85	4.44
Exercisable, December 31, 2017	4,347,500	$	0.74	4.48

Summary of Fair Value Assumptions

	December 31,	December 31,
	2017	2016
Expected option term—years	2.5 - 3.25	1.5- 2.5
Risk-free interest rate	1.75% - 1.93%	0.94% - 1.31%
Expected dividend yield	—	—
Volatility	162% - 169%	142% - 214%
Forfeited	—	—