Quarterly report pursuant to Section 13 or 15(d)

Share Based Payments and Stock Options (Tables)

v3.20.1
Share Based Payments and Stock Options (Tables)
3 Months Ended
Mar. 31, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of share-based payment expense and new shares issued
    Three Months Ended
March 31,
    2020     2019
Total non-cash share-based compensation   $ 4,115,068     $ 80,278
Schedule of stock options

  2020  
Total shares available for issuance pursuant to the 2014 Plan     2,500,000  
Options outstanding, March 31, 2020     (224,000 )
Total options exercised under 2014 Plan     (1,889,833 )
Total shares issued pursuant to the 2014 Plan     (375,000 )
Awards available for issuance under the 2014 Plan, March 31, 2020     11,167  

 

    2020  
Total shares available for issuance pursuant to the 2018 Plan, after amendment     5,000,000  
Options outstanding, March 31, 2020     (1,618,500 )
Total options exercised under 2018 Plan     (31,333 )
Total shares issued pursuant to the 2018 Plan     (69,750 )
Awards available for issuance under the 2018 Plan, March 31, 2020     3,280,417  

 

Schedule of option outstanding

Options   Shares     Weight - Average Exercise
Price
    Weighted - Average Remaining Contractual Term   Weighted - Average Grant Date Fair Value  
Outstanding at December 31, 2019     1,916,333     $ 2.78     3.81 years   $ 1.71  
Granted     607,500       3.92         $ 2.29  
Exercised     (414,663 )   $ 1.83         $ .85  
Forfeited or expired     -                      
Outstanding at March 31, 2020     2,109,170     $ 2.97     3.01 years   $ 1.88  
Options vested at March 31, 2020     1,210,837     $ 2.74     2.68 years   $ 1.66