Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.19.1
STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Employee Stock Options and Warrants


 

 

 

 

 

March 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

 

 

 

 

 

 

Exercise

 

 

 

 

 

 

 

 

 

Shares

 

 

Price

 

Outstanding at beginning of year

 

 

 

 

 

 

 

 

 

 

—

 

 

$

—

 

Granted

 

 

 

 

 

 

 

 

 

 

2,362,000

 

 

$

1.00

 

Exercised

 

 

 

 

 

 

 

 

 

 

—

 

 

$

—

 

Forfeited

 

 

 

 

 

 

 

 

 

 

—

 

 

$

—

 

Expired

 

 

 

 

 

 

 

 

 

 

—

 

 

$

—

 

Outstanding at March 31, 2019

 

 

 

 

 

 

 

 

 

 

2,362,000

 

 

$

1.00

 

Exercisable at March 31, 2019

 

 

 

 

 

 

 

 

 

 

1,956,000

 

 

$

1.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average remaining contractual term

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4.25

 

Aggregate intrinsic value

 

 

 

 

 

 

 

 

 

 

 

 

 

$

—

 

Weighted average grant date fair value (per share)

 

 

 

 

 

 

 

 

 

 

 

 

 

$

0.21

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average remaining contractual term

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4.25

 

Aggregate intrinsic value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

—

 

Warrant [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Employee Stock Options and Warrants

The following is a summary of activity for warrants to purchase common stock for the three months ended March 31, 2019:


 

 

March 31, 2019

 

 

 

Number of Warrants

 

 

Weighted

Avg.

Exercise

Price

 

 

Remaining Contractual Life (Years)

 

Outstanding at the beginning of the year

 

 

25,538,551

 

 

$

.70

 

 

 

3.9

 

Warrants expired

 

 

—

 

 

 

 

 

 

 

 

 

Warrants issued

 

 

—

 

 

 

 

 

 

 

 

 

Warrants cancelled/exercised

 

 

(3,000,000

)

 

 

 

 

 

 

 

 

Outstanding at end of period

 

 

22,538,551

 

 

 

.63

 

 

 

3.6

 

Exercisable at end of period

 

 

22,538,551

 

 

$

.63

 

 

 

3.6