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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2019
Stockholders Equity Deficit Tables [Abstract]  
Summary of Non-qualified Stock Option Activity

A summary of the Company’s NQSO activity for the three months ended March 31, 2019, is presented below:

 

 

No. of

Shares

 

 

Weighted

Average

Exercise

Price

 

 

Weighted

Average

Remaining

Contractual

Term

 

 

Aggregate

Intrinsic

Value

 

Balance outstanding at December 31, 2018

 

 

3,915,000

 

 

$

0.78

 

 

 

7.0

 

 

$

443,000

 

Granted

 

 

900,000

 

 

 

0.75

 

 

 

-

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Forfeited

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Expired

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Balance outstanding at March 31, 2019

 

 

4,815,000

 

 

$

0.78

 

 

 

7.3

 

 

$

417,000

 

Exercisable at March 31, 2019

 

 

1,700,000

 

 

$

0.42

 

 

 

3.7

 

 

$

417,000

 

Summary of Restricted Stock Awards Activity

The following table summarizes RSAs activity:

 

Number of

Shares

 

 

Fair Value

 

 

Weighted Average Grant Date Fair Value

 

Non-vested, December 31, 2018

 

4,378,615

 

 

$

2,060,000

 

 

$

0.47

 

Granted

 

-

 

 

 

-

 

 

 

-

 

Vested

 

-

 

 

 

-

 

 

 

-

 

Forfeited

 

-

 

 

 

-

 

 

 

-

 

Non-vested, March 31, 2019

 

4,378,615

 

 

$

2,060,000

 

 

$

0.47