STOCKHOLDERS' EQUITY (Tables)

9 Months Ended

Sep. 30, 2018

Stockholders' Equity Note [Abstract]

Schedule of weighted average valuation methodology

A weighted average summary of quantitative information with respect to valuation methodology and significant unobservable inputs used for the Company’s common stock purchase warrants that are included in the modification is as follows:

	Weighted Average Inputs
	Before			After
	Modification			Modification
Exercise price	$	9.93		$	2.50
Contractual term (years)		2.37			2.37
Volatility (annual)		79	%		79	%
Risk-free rate		1.5	%		1.5	%
Dividend yield (per share)		0	%		0	%

Schedule of share purchase warrants

A summary of the Company’s share purchase warrants as of September 30, 2018 and changes during the period is presented below:

						Weighted Average
	Number of			Weighted Average		Remaining Contractual		Total Intrinsic
	Warrants			Exercise Price		Life (in years)		Value
Balance - January 1, 2018		6,520,000		$	6.11		3.16	$	1,739,000
Issued		-			-		-		-
Cashless exercised		(215,000	)		4.04		-		-
Exercised for cash		(1,497,000	)		6.79		-		-
Expired or cancelled		(156,000	)		4.00		-		-
Balance - September 30, 2018		4,652,000		$	6.06		2.50	$	17,583,000