EQUITY (Tables)

3 Months Ended

Mar. 31, 2019

EQUITY [Abstract]

Activity of Stock Options

Activity under the Company’s stock option plans for the three months ended March 31, 2019 is as follows:

	OPTIONS OUTSTANDING
	Shares			Weighted Average Exercise Price Per Share
Balance, December 31, 2018		762,000		$	2.54
Granted		185,000		$	5.86
Forfeited		(60,000	)	$	2.64
Balance, March 31, 2019		887,000		$	3.20

Outstanding Options Under Stock Options Plans

The following table summarizes outstanding options under the Company’s stock option plans as of March 31, 2019:

	Number of Shares	Weighted Average Exercise Price Per Share	Weighted Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value
Outstanding Options	887,000	$3.20	6.32	$2,503,000
Ending Vested and Exercisable	564,000	$2.39	4.63	$2,035,000
Options Vested and Expected to Vest	778,000	$2.96	5.87	$2,377,000