STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2019

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

Schedule of options activity

The following summarizes all of our option transactions for the nine months ended September 30, 2019:

Outstanding Options Under the 2006 Plan	Shares		Weighted Average Exercise price Per Common Share		Weighted Average Remaining Contractual Life (in years)	Aggregate Intrinsic Value
Balance,December 31, 2018	513,282		$	7.44
Granted	89,200		10.93
Exercised	(10,000	)	4.97
Canceled, forfeited or expired	(111,031	)	0.79
Balance, September 30, 2019	481,451		8.22		7.56	$	2,956,444
Exercisable at September 30, 2019	137,623		6.97		6.65	1,017,406

Schedule of RSA activity

The following summarizes all unvested RSA’s activities during the nine months ended September 30, 2019:

	RSA's		Weighted-Average Remaining Contractual Term (Years)	Weighted-Average Fair Value
RSA's unvested at December 31, 2018	277,504			$	9.77
Changes during the period
Granted	631,656			$	11.76
Vested	(520,476	)		$	9.64
Forfeited or Cancelled	(1,500	)		$	12.76
RSA's unvested at September 30, 2019	387,184		1.38	$	11.59