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Share Based Payments and Stock Options (Tables)
6 Months Ended
Jun. 30, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of share-based payment expense and new shares issued

   Three Months Ended
June 30,
 
   2020   2019 
Total non-cash share-based compensation  $1,186,905   $390,898 

 

   Six Months Ended
June 30,
 
   2020   2019 
Total non-cash share-based compensation  $5,301,972   $522,243 

 

Schedule of stock options

   2020 
Total shares available for issuance pursuant to the 2014 Plan   2,500,000 
Options outstanding, June 30, 2020   (198,000)
Total options exercised under 2014 Plan   (1,915,833)
Total shares issued pursuant to the 2014 Plan   (375,000)
Awards available for issuance under the 2014 Plan, June 30, 2020   11,167 

 

   2020 
Total shares available for issuance pursuant to the 2018 Plan, after amendment   5,000,000 
Options outstanding, June 30, 2020   (1,837,500)
Total options exercised under 2018 Plan   (49,833)
Total shares issued pursuant to the 2018 Plan   (693,333)
Awards available for issuance under the 2018 Plan, June 30, 2020   2,419,334 

Schedule of option outstanding

Options  Shares   Weight -
Average
Exercise
Price
   Weighted -
Average
Remaining
Contractual
Term
  Weighted -
Average
Grant Date
Fair Value
 
Outstanding at December 31, 2019   1,916,333   $2.78   3.81 years  $1.71 
Granted   837,500    3.51      $2.22 
Exercised   (451,663)  $1.80      $.83 
Forfeited or expired   -              
Outstanding at June 30, 2020   2,302,170   $3.16   3.16 years  $1.99 
Options vested at June 30, 2020   1,373,174   $2.89   2.83 years  $1.76 

 

Schedule of options outstanding pursuant

   June 30,
2020
 
Options outstanding pursuant to 2014 Plan   198,000 
Options outstanding pursuant to 2018 Plan   1,837,500 
Options issued outside of 2014 and 2018 Plans   266,670 
    2,302,170