Quarterly report pursuant to Section 13 or 15(d)

Equity (Tables)

v3.19.3
Equity (Tables)
9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Schedule of stock options outstanding
Options Outstanding     Options Exercisable  
Range of
Exercise Price
    Number Outstanding at September 30,
2019
    Range of Weighted Average Remaining Contractual Life (Years)     Weighted Average Exercise Price     Number Exercisable at September 30, 2019     Weighted Average Exercise
Price
 
$ 0.50       2,000,000       7.36     $ 0.50       1,777,778     $ 0.50  
  1.00 – 1.49       450,000       1.09 – 3.09       1.07       450,000       1.07  
  2.00 – 2.80       2,560,000       2.58 – 4.26       2.15       1,922,500       2.15  
  4.76       60,000       4.52       4.76       40,000       4.76  
$ 0.50 – 4.76       5,070,000       5.20     $ 1.43       4,190,278     $ 1.36  
Schedule of stock option activities
    Number of Options     Weighted Average Exercise Price  
Outstanding at December 31, 2018     2,840,000     $ 0.76  
Granted     2,430,000       2.18  
Terminated / Exercised     (200,000 )     1.00  
Outstanding at September 30, 2019     5,070,000     $ 1.43  
Options exercisable at September 30, 2019     4,190,278     $ 1.36  
Options expected to vest     879,722     $ 1.79  
Schedule of fair value of the options using the Black-Scholes option-pricing model

    Number of Options     Weighted Average Exercise Price  
Nonvested at December 31, 2018     915,555     $ 0.62  
Granted     2,430,000       2.18  
Vested     (2,465,833 )     (1.74 )
Nonvested at September 30, 2019     879,722     $ 1.79  
Schedule of stock warrants activities
Warrants Outstanding     Warrants Exercisable  
Exercise Price     Number Outstanding at September 30,
2019
    Remaining Contractual Life (Years)     Number Exercisable at September 30,
2019
    Exercise Price  
$ 3.50       1,714,288       4.57       1,714,288     $ 3.50  
Schedule of warrants outstanding and exercisable
    Number of Warrants     Weighted Average Exercise Price  
Outstanding at December 31, 2018     578,891     $ 1.28  
Issued     1,714,288       3.50  
Exercised     (578,891 )     (1.28 )
Outstanding and exercisable at September 30, 2019     1,714,288     $ 3.50