Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.19.3
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of Share-based Payment Arrangement Activity
The following table summarizes option activity for directors, officers, consultants and employees:
Outstanding Stock Options
Options Available for Grant Number of Options Outstanding Weighted
Average
Exercise Price
per Option
Weighted
Average Grant
Date Fair Value
 per Option
Weighted
Average
Remaining
Exercise Term
in Months
Balance, December 31, 2017 4,145,774    3,851,371    $ 3.11    $ 1.84    43
Granted (340,000)   340,000    1.18    0.54    56
Exercised —    (52,500)   1.24    0.68    —   
Forfeited and expired —    (271,250)   3.22    1.58    —   
Balance, December 31, 2018 3,805,774    3,867,621    4.05    1.84    64
Additional Shares Authorized under 2019 Plan 8,000,000    —   
Granted (2,400,000)   2,400,000    0.96    0.53    81
Exercised —    (497,552)   0.12    0.97    —   
Forfeited and expired 1,774,069    (1,774,069)   4.85 1.97 —   
Balance, September 30, 2019 11,179,843    3,996,000    $ 2.33    $ 1.12    66