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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-Based Compensation, Restricted Stock Units Award Activity

The following table summarizes RSU activity for the years ended December 31, 2018 and 2017:

 

    2018     2017  
    Number of Restricted Stock Units     Weighted -
Average Grant
Date Fair Value
    Number of Restricted Stock Units     Weighted -
Average Grant
Date Fair Value
 
Unvested RSU’s at beginning of period     647,195      $ 1.12        702,608      $ 1.31   
Granted     336,429        1.60        282,578        1.27   
Forfeited                        
Vested     (286,579 )     1.12        (337,991     1.64   
Unvested RSU’s at end of period     697,048      $ 1.35        647,195      $ 1.12   

Schedule of Share-Based Compensation, Stock Options, Activity

The following table summarizes stock options outstanding and changes during the years ended December 31, 2018 and 2017:

 

    2018     2017  
    Number of Stock Options     Weighted - Average Exercise Price     Number of Stock Options     Weighted - Average Exercise Price  
Stock options outstanding at beginning of period     458,827     $ 1.50       425,000     $ 1.52  
Granted     93,206       1.80       67,500       1.30  
Exercised     (9,364 )     1.52       -       -  
Expired     (10,135 )     1.76       (6,701 )     1.44  
Canceled or forfeited     (566 )     1.26       (26,972 )     1.28  
Stock options outstanding at end of period     531,968       1.56       458,827     $ 1.50  
Stock options exercised at end of period     -     $ -       -     $ -  

Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions

The fair value of stock options granted to employees and directors in 2018 was estimated at the grant date using the Black-Scholes option pricing model using the following assumptions:

 

Expected volatility     56.7 %
Discount rate     2.71 %
Expected life (years)     3  
Dividend yield     N/A