Quarterly report pursuant to Section 13 or 15(d)

Share Based Payments and Stock Options (Tables)

v3.20.2
Share Based Payments and Stock Options (Tables)
6 Months Ended
Jun. 30, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of share-based payment expense and new shares issued

    Three Months Ended
June 30,
 
    2020     2019  
Total non-cash share-based compensation   $ 1,186,905     $ 390,898  

 

    Six Months Ended
June 30,
 
    2020     2019  
Total non-cash share-based compensation   $ 5,301,972     $ 522,243  

 

Schedule of stock options

    2020  
Total shares available for issuance pursuant to the 2014 Plan     2,500,000  
Options outstanding, June 30, 2020     (198,000 )
Total options exercised under 2014 Plan     (1,915,833 )
Total shares issued pursuant to the 2014 Plan     (375,000 )
Awards available for issuance under the 2014 Plan, June 30, 2020     11,167  

 

    2020  
Total shares available for issuance pursuant to the 2018 Plan, after amendment     5,000,000  
Options outstanding, June 30, 2020     (1,837,500 )
Total options exercised under 2018 Plan     (49,833 )
Total shares issued pursuant to the 2018 Plan     (693,333 )
Awards available for issuance under the 2018 Plan, June 30, 2020     2,419,334  

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     837,500       3.51         $ 2.22  
Exercised     (451,663 )   $ 1.80         $ .83  
Forfeited or expired     -                      
Outstanding at June 30, 2020     2,302,170     $ 3.16     3.16 years   $ 1.99  
Options vested at June 30, 2020     1,373,174     $ 2.89     2.83 years   $ 1.76  

 

Schedule of options outstanding pursuant

    June 30,
2020
 
Options outstanding pursuant to 2014 Plan     198,000  
Options outstanding pursuant to 2018 Plan     1,837,500  
Options issued outside of 2014 and 2018 Plans     266,670  
      2,302,170