Quarterly report pursuant to Section 13 or 15(d)

Share Based Payments and Stock Options (Tables)

v3.10.0.1
Share Based Payments and Stock Options (Tables)
9 Months Ended
Sep. 30, 2018
Share Based Payments and Stock Options [Abstract]  
Schedule of share-based payment expense and new shares issued

 

      Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
      2018     2017     2018     2017  
  Shares based expense from issuance of Common Stock and warrants   $ 236,459     $ 179,280     $ 670,785     $ 525,270  
  Shares based expense from issuance of Common Stock options   $ 130,639       63,704     $ 249,661     $ 120,122  
  Total non-cash compensation   $ 367,098     $ 242,984     $ 920,446     $ 645,392  
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, 2017     2,622,000     $ .99     2.35 years   $ .32  
  Granted     105,000     $ 3.48         $ 1.89  
  Exercised     (1,009,183 )   $ .67         $ .12  
  Forfeited or expired     (183,817 )   $ .71         $ .13  
  Outstanding at September 30, 2018     1,534,000     $ 1.40     2.50 years   $ .57  
  Options vested at September 30, 2018     1,013,998     $ 1.06     1.72 years   $ .30.