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Stock Incentive Plans (Tables)
9 Months Ended
Sep. 30, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity
The following table summarizes stock option activity for the nine months ended September 30, 2019.
 
Options Outstanding
 
Shares
 
Weighted
Average
Exercise Price
Outstanding, December 31, 2018
5,613,057

 
$
0.83

Options granted
1,635,000

 
0.37

Options expired / forfeited
(2,427,650
)
 
0.64

Outstanding, September 30, 2019
4,820,407

 
0.71

Exercisable, September 30, 2019
2,986,333

 
$
0.76

Summary of Additional Information on Stock Options Outstanding
The following table summarizes additional information on stock options outstanding at September 30, 2019.
 
 
Options Outstanding
 
Options Exercisable
Range of
Exercise
Prices
 
Number Outstanding
 
Weighted-
Average
Remaining Contractual Life (Years)
 
Weighted Average Exercise
Price
 
Number Exercisable
 
Weighted Average Exercise
Price
$0.28 - $1.00
 
4,312,000

 
8.59
 
$
0.57

 
2,762,000

 
$
0.66

$1.50 - $1.80
 
493,207

 
7.93
 
$
1.79

 
209,133

 
$
1.79

$2.60 - $6.35
 
15,200

 
0.77
 
$
4.48

 
15,200

 
$
4.48

 
 
 
 
 
 
 
 
 
 
 
Totals
 
4,820,407

 
8.50
 
$
0.71

 
2,986,333

 
$
0.76