STOCKHOLDERS EQUITY (DEFICIT) (Tables)
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6 Months Ended |
Jun. 30, 2021 |
STOCKHOLDERS EQUITY (DEFICIT) |
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Summary of the status of the Company's Options related to the 2019 Incentive Plan |
| | June 30, 2021 | | | December 31, 2020 | | | | Number of Options | | | Weighted Average Exercise Price | | | Number of Options | | | Weighted Average Exercise Price | | Outstanding, beginning of year | | | 606,250 | | | $ | 9.67 | | | | 362,500 | | | $ | 8.11 | | Issued | | | 175,000 | | | | 11.22 | | | | 243,750 | | | | 11.98 | | Outstanding, end of period | | | 781,250 | | | $ | 10.02 | | | | 606,250 | | | $ | 9.67 | |
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Schedule of Options outstanding and exercisable |
Outstanding Options | | | Exercisable Options | | Range of Exercise Price | | | Number | | | Average Weighted Remaining Contractual Life in Years | | | Range of Exercise Price | | | Number | | | Weighted Average Exercise Price | | $ | 8.00-8.99 | | | | 375,000 | | | | 8.10 | | | $ | 8.00-8.99 | | | | 357,813 | | | $ | 8.02 | | | 9.00-9.99 | | | | 25,000 | | | | 4.13 | | | | 9.00-9.99 | | | | 12,500 | | | | 9.60 | | | 11.00-11.99 | | | | 187,500 | | | | 9.44 | | | | 11.00-11.99 | | | | 62,500 | | | | 11.26 | | | 12.00-12.99 | | | | 193,750 | | | | 4.29 | | | | 12.00-12.99 | | | | 150,000 | | | | 12.67 | | | | | | | 781,250 | | | | 7.35 | | | | | | | | 582,813 | | | $ | 9.60 | |
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Summary of unregistered warrants |
| | June 30, 2021 | | | December 31, 2020 | | | | Number of Warrants | | | Weighted Average Exercise Price | | | Number of Warrants | | | Weighted Average Exercise Price | | Outstanding, beginning of year | | | 2,502,291 | | | $ | 7.67 | | | | 2,427,634 | | | $ | 7.43 | | Issued | | | 226,426 | | | | 5.51 | | | | 287,564 | | | | 9.34 | | Exercised | | | (139,099 | ) | | | 6.41 | | | | (179,564 | ) | | | 7.26 | | Cancelled | | | - | | | | - | | | | - | | | | - | | Expired | | | (1,563 | ) | | | 7.20 | | | | (33,343 | ) | | | 7.08 | | Outstanding, end of period | | | 2,588,055 | | | $ | 7.56 | | | | 2,502,291 | | | $ | 7.67 | |
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Schedule of unregistered warrants outstanding and exercisable by price range |
Outstanding Warrants | | | Exercisable Warrants | | Exercise Price | | | Number | | | Average Weighted Remaining Contractual Life in Years | | | Exercise Price | | | Number | | | Weighted Average Exercise Price | | | | | | | | | | | | | | | | | | | | $ | 4.00-4.99 | | | | 213,125 | | | | 1.04 | | | $ | 4.00-4.99 | | | | 213,125 | | | $ | 4.75 | | | 5.00-5.99 | | | | 252,050 | | | | 4.46 | | | | 5.00-5.99 | | | | 252,050 | | | | 5.51 | | | 6.00-6.99 | | | | 242,341 | | | | 3.05 | | | | 6.00-6.99 | | | | 242,341 | | | | 6.40 | | | 7.00-7.99 | | | | 1,250 | | | | 1.08 | | | | 7.00-7.99 | | | | 1,250 | | | | 7.20 | | | 8.00-8.99 | | | | 1,604,850 | | | | 1.90 | | | | 8.00-8.99 | | | | 1,604,850 | | | | 8.02 | | | 9.00-9.99 | | | | 231,938 | | | | 4.20 | | | | 9.00-9.99 | | | | 231,938 | | | | 9.60 | | | 10.00-10.99 | | | | 1,688 | | | | 4.87 | | | | 10.00-10.99 | | | | 1,688 | | | | 10.40 | | | 11.00-11.99 | | | | 35,813 | | | | 2.50 | | | | 11.00-11.99 | | | | 35,813 | | | | 11.20 | | | 14.00-14.99 | | | | 5,000 | | | | 3.50 | | | | 14.00-14.99 | | | | 5,000 | | | | 14.40 | | | | | | | 2,588,055 | | | | 2.40 | | | | | | | | 2,588,055 | | | $ | 7.56 | |
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Schedule of registered warrants outstanding and exercisable by price range |
Outstanding Registered Warrants | | | Exercisable Registered Warrants | | Exercise Price | | | Number | | | Average Weighted Remaining Contractual Life in Years | | | Exercise Price | | | Number | | | Weighted Average Exercise Price | | | | | | | | | | | | | | | | | | | $ | 5.50 | | | | 3,174,000 | | | | 4.89 | | | $ | 5.50 | | | | 3,174,000 | | | | 5.50 | | | | | | | 3,174,000 | | | | 4.89 | | | | | | | | 3,174,000 | | | $ | 5.50 | |
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Schedule of Common Stock Warrants - Registered |
| | June 30, 2021 | | | December 31, 2020 | | | | Number of Registered Warrants | | | Weighted Average Exercise Price | | | Number of Registered Warrants | | | Weighted Average Exercise Price | | Outstanding, beginning of year | | | - | | | $ | - | | | | - | | | $ | - | | Issued | | | 3,174,000 | | | | 5.50 | | | | - | | | | - | | Exercised | | | - | | | | - | | | | - | | | | - | | Cancelled | | | - | | | | - | | | | - | | | | - | | Expired | | | - | | | | - | | | | - | | | | - | | Outstanding, end of period | | | 3,174,000 | | | $ | 5.50 | | | | - | | | $ | - | |
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