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Stock Compensation (Tables)
6 Months Ended
Jun. 30, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of Stock Option Activities

Following is a summary of the option activities during the six months ended June 30, 2019:

 

   Number of Units   Weighted
Average
Exercise Price
   Weighted Average
Remaining Contractual
Term (in years)
 
Outstanding, December 31, 2018   1,718,024   $4.18    4.64 
Granted   20,000   $2.50      
Cancelled   (84,455)  $5.30      
Outstanding, June 30, 2019   1,653,569   $4.11    4.24 
Exercisable, June 30, 2019   1,198,845   $3.74    4.06 
Schedule of Warrant Activity

Following is a summary of the warrant activities during the six months ended June 30, 2019:

 

   Number of Units   Weighted
Average
Exercise Price
   Weighted Average
Remaining
Contractual
Term (in years)
 
Outstanding, December 31, 2018   1,184,121   $1.90    1.63 
Granted   60,827   $2.60      
Outstanding, June 30, 2019   1,244,948   $1.50    1.10 
Exercisable, June 30, 2019   1,191,511   $1.28    1.00 
Schedule of Stock Compensation Expenses

For the six months ended June 30, 2019 and 2018, the Company recorded the following stock compensation in general and administrative expense:

 

    2019     2018  
Stock options   $ 278,603     $ 967,597  
Warrants     42,585       131,047  
Common stock     -       12,000  
Total stock compensation expense   $ 321,188     $ 1,110,644