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STOCK-BASED COMPENSATION (Tables)
 9 Months Ended
Sep. 30, 2019
STOCK-BASED COMPENSATION  
Schedule of Stock Option Activity

A summary of stock option activity as of September 30, 2019 and changes during the nine months then ended is presented below:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

Weighted

 

Average

 

 

 

 

 

 

 

Average

 

Remaining

 

Aggregate

 

 

 

 

Exercise

 

Contractual

 

Grant Date

Stock Options

 

 

 

Price

 

Term

 

Fair Value

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at January 1, 2019

 

75,062

 

$
7.95

 

 

 

 

 

 

Granted

 

 -

 

 

 -

 

 

 

 

 

 

Exercised

 

(32,810)

 

 

6.30

 

 

 

 

 

 

Expired/Forfeited

 

(502)

 

 

6.00

 

 

 

 

 

 

Outstanding at September 30, 2019

 

41,750

 

$
9.27

 

 

0.6 Years

 

$

387,180

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at September 30, 2019

 

41,750

 

$
9.27

 

 

0.6 Years

 

$

387,180