EQUITY (Tables)

9 Months Ended

Sep. 30, 2019

EQUITY [Abstract]

Activity of Stock Options

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

	OPTIONS OUTSTANDING
	Shares			Weighted Average Exercise Price Per Share
Balance, December 31, 2018		762,000		$	2.54
Granted		245,000		$	5.83
Exercised		(73,000	)	$	1.99
Forfeited		(129,000	)	$	3.86
Balance, September 30, 2019		805,000		$	3.42

Outstanding Options Under Stock Options Plans

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

	Number of Shares		Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Term (in years)		Aggregate Intrinsic Value
Outstanding Options		805,000	$	3.42		6.05	$	1,469,000
Ending Vested and Exercisable		475,000	$	2.48		4.04	$	1,223,000
Options Vested and Expected to Vest		710,000	$	3.19		5.63	$	1,423,000