Equity (Tables)

12 Months Ended

Dec. 31, 2019

Share-based Payment Arrangement [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The significant assumptions relating to the valuation of the Company’s stock options granted during the years ended December 31, 2019 were as follows:

	December 31, 2019
Dividend yield		1.62%
Expected life		3.0-6.1 Years
Expected volatility		82.38-88.62%
Risk-free interest rate		1.56-2.23%

The significant assumptions relating to the valuation of the Company’s stock options granted during the year ended December 31, 2018 were as follows: 

	December 31, 2018
Dividend yield		0%
Expected life		3.5-7.0 Years
Expected volatility		76.04% to 80.5%
Risk-free interest rate		2.59% to 3.01%

Summary of Stock Options

A summary of the options activity for the year ended December 31, 2019 is as follows:

	Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding at January 1, 2019		1,494,158		$	0.46		6.93 years	$	417 ,504
Granted		1,131,000			0.37		6.27 years		—
Exercised/Forfeited		(144,688	)		0.99		—years		—
Outstanding at December 31, 2019		2,480,470			0.39		6.28 years		378,111
Exercisable at period end		1,521,859		$	0.36		6.10 years	$	301 ,051

A summary of the options activity for the years ended December 31, 2018 is as follows:

						Weighted
				Weighted		Average
				Average		Remaining		Aggregate
				Exercise		Contractual		Intrinsic
	Shares			Price		Term		Value
Outstanding at January 1, 2018		1,134,830		$	0.06		8.5 years	$	—
Granted		534,598			1.35		5.94 years	$	—
Cancelled		(175,270	)		0.60		—years	$	—
Outstanding at December 31, 2018		1,494,158		$	0.46		6.93 years	$	417,504
Exercisable at end of the year		782,147		$	0.22		7.07 years	$	356,979