STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of stock options and stock awards

The status of our stock options and stock awards are summarized as follows:

	Number of options		Weighted average exercise price
Outstanding at December 31, 2016	3,752,209		$	3.04
Granted	628,000		3.26
Exercised	(104,500	)	2.64
Canceled and forfeited	(196,803	)	4.99
Outstanding at September 30, 2017	4,078,906		$	2.99

Schedule of option fair value assumptions

	2017 Grants
Option value	$	1.73	-	$	2.34
Risk-free rate	1.5%
Expected dividend yield	—%
Expected volatility	68.0%
Expected term (in years)	6