STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2020

STOCK-BASED COMPENSATION

Schedule of share-based compensation stock options

The following is a summary of the changes in outstanding options during the nine-month period ended September 30, 2020:

		Weighted		Weighted average
		average		remaining	Aggregate
		exercise		contractual life	intrinsic
	Option shares	price		(years)	value
Outstanding, January 1, 2020	226,075	$	6.30	4.7	$	219,983
Granted	—
Exercised	(1,000)		2.92
Forfeited	(7,998)		6.38
Expired	—		—
Outstanding, September 30, 2020	217,077	$	6.32	4.0		24,001
Vested, September 30, 2020	211,743	$	6.26	3.9		24,001

Schedule of share-based compensation arrangement by share-based payment award and options vested and expected to vest

		Weighted
		average grant-
	Option shares	date fair value
Non-vested options, January 1, 2020	37,666	$	4.45
Granted
Vested	(31,250)		4.43
Forfeited	(1,082)		4.41
Non-vested options, September 30, 2020	5,334	$	4.60