STOCK BASED AWARDS (Tables)

6 Months Ended

Jun. 30, 2019

Stock Based Awards

Schedule of stock option activity

The Company’s stock option activity was as follows:

	Options			Weighted Average Exercise Price		Weighted Average Contractual Remaining Life
Outstanding, December 31, 2018		2,313,050		$	0.79		9.27
Granted		1,170,000		$	3.62		9.84
Exercised		-			-		-
Forfeited/Expired		(89,544	)	$	0.74		-
Outstanding, June 30, 2019		3,393,506		$	1.77		9.17
Exercisable at June 30, 2019		1,252,631		$	1.09		8.92

Range of Exercise Price		Number of Awards		Weighted Average Remaining Contractual Life (years)		Weighted Average Exercise Price		Number of Awards Exercisable		Weighted Average Exercise Price
$	0.61 - $4.01		3,393,506		9.17	$	1.77		1,252,631	$	1.09
			3,393,506		9.17	$	1.77		1,252,631	$	1.09

Weighted-average fair value of options granted

	June 30, 2019			December 31, 2018
Significant assumptions (weighted-average):
Risk-free interest rate at grant date		1.76	%		2.51	%
Expected stock price volatility		129.01	%		156.15	%
Expected dividend payout		-			-
Expected option life (in years)		10			10
Expected forfeiture rate		0	%		0	%

Schedule of non-vested restricted award shares

	Restricted Stock Shares			Weighted Average Grant Date Fair Value
Non-vested, December 31, 2018		317,708			1.44
Granted		-			-
Vested		(187,500	)		1.45
Forfeited/Expired		-			-
Non-vested, June 30, 2019		130,208			1.42