STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2019

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, 2018	3,480,701		$	3.10
Granted	1,277,500		7.73
Exercised	(270,549	)	2.87
Canceled and forfeited	(10,500	)	2.10
Outstanding at March 31, 2019	4,477,152		$	4.44

Schedule of option fair value assumptions

	2019 Grants
Option value	$	7.15	-	$	7.91
Risk-free rate	2.6%		-	2.6		%
Expected dividend yield	—
Expected volatility	69.1%		-	69.1		%
Expected term (in years)	6