Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2019

Share-based Payment Arrangement [Abstract]

Schedule of Restricted Common Stock Activity

The Company’s activity in restricted common stock was as follows for the year ended December 31, 2019:

	Number of shares			Weighted average grant date fair value
Non–vested at January 1, 2019		3,355,000		$	1.46
Granted		100,000		$	0.04
Vested		(2,805,000	)	$	1.30
Non–vested at December 31, 2019		650,000		$	1.24

Schedule of Stock Options Activity

The following is a summary of the Company’s stock option activity for the year ended December 31, 2019:

	Options		Weighted average exercise price		Weighted average Grant date fair value		Weighted average remaining life		Intrinsic value
Outstanding – January 1, 2019		6,000,000	$	0.71	$	1.29
Granted		–
Exercised		–
Forfeited/Cancelled		–
Outstanding – December 31, 2019		6,000,000	$	0.71	$	1.29		0.10	$	–
Exercisable – December 31, 2019		6,000,000	$	0.71	$	1.29		0.10	$	–