Annual report pursuant to Section 13 and 15(d)

SHARE-BASED COMPENSATION (Tables)

v3.19.1
SHARE-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of unvested common stock options
The following table summarizes information related to our common stock options:
 
Number
of Stock
Options
 
Weighted
Average
Exercise Price
 
Weighted Average Remaining Contractual Term
(in years)
 
Aggregate Intrinsic Value
Options outstanding at January 1, 2018
2,491,274

 
$
1.59

 
 
 
 
Granted
152,000

 
2.97

 
 
 
 
Exercised
—

 
—

 
 
 
 
Canceled/Forfeited
(16,666
)
 
2.01

 
 
 
 
Expired
(50,834
)
 
1.64

 
 
 
 
Options outstanding at December 31, 2018
2,575,774

 
$
1.67

 
6.90
 
$
1,198,503

Options exercisable at December 31, 2018
1,944,194

 
$
1.45

 
6.40
 
$
1,152,308

Schedule of option valuation assumptions
Option valuation weighted-average assumptions were as follows:
 
For the year ended December 31,
 
2018
 
2017
Expected volatility
43.33%
 
43.67%
Expected dividend yield
—%
 
—%
Expected term (in years)
5.86
 
5.87
Weighted average risk free rate
2.93%
 
2.00%