EQUITY (Tables)

6 Months Ended

Jun. 30, 2019

EQUITY [Abstract]

Activity of Stock Options

Activity under the Company’s stock option plans for the six months ended June 30, 2019 is as follows:

	OPTIONS OUTSTANDING
	Shares		Weighted Average Exercise Price Per Share
Balance, December 31, 2018	762,000		$	2.54
Granted	205,000		$	5.86
Exercised	(33,000	)	$	1.83
Forfeited	(60,000	)	$	1.76
Balance, June 30, 2019	874,000		$	3.20

Outstanding Options Under Stock Options Plans

The following table summarizes outstanding options under the Company’s stock option plans as of June 30, 2019:

	Number of Shares	Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Term (in years)		Aggregate Intrinsic Value
Outstanding Options	874,000	$	3.20		6.03	$	2,552,000
Ending Vested and Exercisable	540,000	$	2.44		4.28	$	1,838,000
Options Vested and Expected to Vest	757,000	$	3.03		5.62	$	2,154,000