Equity (Tables)

3 Months Ended

Mar. 31, 2020

Share-based Payment Arrangement [Abstract]

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

A summary of the options activity for the three months ended March 31, 2020 is as follows:

	Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at January 1, 2020		2,480,470	$	0.39		6.28	$	378,111
Granted		87,000		0.41		5		—
Outstanding at March 31, 2020		2,567,470		0.39		6	$	381,158
Exercisable at period end		1,668,517	$	0.38		5.64	$	342,608

A summary of the options activity for the three months ended March 31, 2019 is as follows:

	Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding at January 1, 2019		1,494,158		$	0.46		6.93	$	409,678
Granted		540,000			0.42		8.68		—
Exercised/Forfeited		(70,438	)		0.49		—		—
Outstanding at March 31, 2019		1,963,720			0.45		7.19		256,049
Exercisable at period end		1,101,835		$	0.26		6.75	$	256,049

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