| Schedule of Employee Stock Options and Warrants |
The Company
has no expired employee stock options under the 2016 Plan at June 30, 2020 and 2019.
| |
|
|
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|
|
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Weighted |
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|
|
|
| |
|
|
|
|
|
Weighted |
|
|
Average |
|
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|
|
| |
|
|
|
|
|
Average |
|
|
Remaining |
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|
Aggregate |
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| |
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|
|
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|
Exercise |
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|
Contractual |
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|
Intrinsic |
|
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|
Shares |
|
|
Price |
|
|
Term
(Years) |
|
|
Value |
|
| Outstanding at December 31, 2018 |
|
|
|
160,143 |
|
|
$ |
14.00 |
|
|
|
4.4 |
|
|
|
— |
|
| Granted |
|
|
|
8,572 |
|
|
$ |
14.00 |
|
|
|
5.0 |
|
|
|
— |
|
| Forfeited |
|
|
|
(14,286 |
) |
|
$ |
14.00 |
|
|
|
— |
|
|
|
— |
|
| Outstanding at June 30, 2019 |
|
|
|
154,429 |
|
|
$ |
14.00 |
|
|
|
3.4 |
|
|
|
— |
|
| Exercisable at June 30, 2019 |
|
|
|
145,857 |
|
|
$ |
14.00 |
|
|
|
3.4 |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at December 31, 2019 |
|
|
|
163,010 |
|
|
$ |
14.00 |
|
|
|
3.4 |
|
|
|
— |
|
| Granted |
|
|
|
310,290 |
|
|
$ |
5.39 |
|
|
|
4.8 |
|
|
|
— |
|
| Cancelled/forfeited |
|
|
|
(161,402 |
) |
|
$ |
14.00 |
|
|
|
— |
|
|
|
— |
|
| Outstanding at June 30, 2020 |
|
|
|
311,898 |
|
|
$ |
5.46 |
|
|
|
4.7 |
|
|
|
— |
|
| Exercisable at June 30,
2020 |
|
|
|
162,474 |
|
|
$ |
6.08 |
|
|
|
4.7 |
|
|
|
— |
|
| |
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|
|
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|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Weighted
|
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|
Weighted
|
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|
Average
|
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|
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|
|
|
|
Average
|
|
|
Remaining
|
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|
Aggregate
|
|
|
|
|
|
|
|
Exercise
|
|
|
Contractual
|
|
|
Intrinsic
|
|
|
|
|
Shares
|
|
|
Price
|
|
|
Term (Years)
|
|
|
Value
|
|
|
Outstanding at December 31, 2017
|
|
|
|
|
|
$
|
|
|
|
|
|
|
|
|
|
|
|
Granted
|
|
|
160,152
|
|
|
$ |
14.00
|
|
|
|
5.0
|
|
|
|
|
|
|
Outstanding at December 31, 2018
|
|
|
160,152
|
|
|
$
|
14.00
|
|
|
|
4.3
|
|
|
|
|
|
|
Exercisable at December 31, 2018
|
|
|
145,858
|
|
|
$
|
14.00
|
|
|
|
4.3
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding at December 31, 2018
|
|
|
160,152
|
|
|
$
|
14.00
|
|
|
|
4.3
|
|
|
|
|
|
|
Granted
|
|
|
17,144
|
|
|
$ |
14.00
|
|
|
|
5.0
|
|
|
|
|
|
|
Forfeited
|
|
|
(14,286
|
)
|
|
$
|
14.00
|
|
|
|
|
|
|
|
|
|
|
Outstanding at December 31, 2019
|
|
|
163,010
|
|
|
$
|
14.00
|
|
|
|
3.4
|
|
|
|
|
|
|
Exercisable at December 31, 2019
|
|
|
154,438
|
|
|
$
|
14.00
|
|
|
|
3.4
|
|
|
|
|
|
|
| Schedule of Employee Stock Options and Warrants |
The
following is a summary of activity for warrants to purchase common stock for the six months ended June 30, 2020:
| |
|
|
|
|
|
|
|
Weighted |
|
|
|
|
| |
|
|
|
|
Weighted |
|
|
Average |
|
|
|
|
| |
|
|
|
|
Average |
|
|
Remaining |
|
|
Aggregate |
|
| |
|
Number
of |
|
|
Exercise |
|
|
Contractual |
|
|
Intrinsic |
|
| |
|
Warrants |
|
|
Price |
|
|
Term
(Years) |
|
|
Value |
|
| Outstanding at December
31, 2018 |
|
|
1,815,182 |
|
|
$ |
9.52 |
|
|
|
3.9 |
|
|
|
— |
|
| Warrants expired, forfeited, cancelled or exercised |
|
|
(327,612 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at June 30, 2019 |
|
|
1,487,570 |
|
|
$ |
8.78 |
|
|
|
2.8 |
|
|
|
— |
|
| Exercisable at June 30, 2019 |
|
|
1,487,570 |
|
|
$ |
8.78 |
|
|
|
2.8 |
|
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding at December 31, 2019 |
|
|
1,521,250 |
|
|
$ |
8.78 |
|
|
|
3.0 |
|
|
|
— |
|
| Warrants expired, forfeited, cancelled or exercised |
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants issued |
|
|
67,500 |
|
|
$ |
9.00 |
|
|
|
2.6 |
|
|
|
— |
|
| Outstanding at June 30, 2020 |
|
|
1,588,750 |
|
|
$ |
8.79 |
|
|
|
4.8 |
|
|
|
— |
|
| Exercisable at June 30, 2020 |
|
|
1,521,250 |
|
|
$ |
8.41 |
|
|
|
2.7 |
|
|
|
— |
|
|
|