Number of shares

Weighted-average exercise price

Weighted-average remaining contractual term (in years)

Aggregate intrinsic value (in thousands)

Outstanding at September 30, 2019

1,219,650

6.07

Granted

280,000

3.15

Exercised

-

Forfeited

-

Outstanding at December 31, 2019

1,499,650

$

5.52

7.42

$

—

Exercisable at December 31, 2019

809,650

$

5.49

7.27

$

—