XML 50 R32.htm IDEA: XBRL DOCUMENT v3.20.2
SHARE-BASED PAYMENTS (Tables)
 9 Months Ended
Sep. 30, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The fair value of the options granted under the Compensation Plan for the nine months ended September 30, 2020 was estimated at the date of grant, using the Black-Scholes Option Valuation Model, with the following weighted average assumptions:
Risk-free interest rate
0.16% - 1.55%
Expected life
3 - 5 years
Expected volatility
61.6% - 62.5%
*
Expected dividend yield— %
Weighted average expected life of option5.0 years
Weighted average grant date fair value
$0.71 - $0.85
Schedule of Share-based Compensation, Stock Options, Activity The summary of the Company’s stock options at September 30, 2020 and December 31, 2019, and the changes for the fiscal periods ending on those dates is presented below:
 Range of Exercise PricesWeighted Average
Exercise Price		Number of
Options 
Balance, December 31, 2018
$1.70 - $15.61
$3.84 1,732,754 
 Granted2.92 2.92 296,450 
 Exercised
 1.70 - 2.92
2.27 (54,805)
 Forfeited
1.70 - 7.42
3.94 (342,866)
 Expired6.97 6.97 (144,100)
Balance, December 31, 2019
$1.70 - $15.61
$3.43 1,487,433 
 Granted
1.76 - 1.79
1.77 706,774 
 Exercised— — — 
 Forfeited
1.70 - 5.18
2.51 (106,176)
 Expired
4.12 - 5.22
4.40 (98,512)
Balance, September 30, 2020
$1.70 - $15.61
$2.83 1,989,519 
A summary of the status and activity of non-vested stock options for the nine months ended September 30, 2020 is as follows:
 Number of SharesWeighted Average Grant Date Fair Value
Non-vested December 31, 2019223,381 $1.32 
 Granted706,774 0.82 
 Vested(506,310)0.94 
 Forfeited(22,176)1.96 
Non-vested September 30, 2020401,669 $0.94 
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
A summary of the status and activity of non-vested RSUs at September 30, 2020 is as follows:
 Number of SharesWeighted Average Grant Date Fair Value
Non-vested December 31, 20191,315,536 $2.45 
 Granted740,998 1.66 
 Vested(746,477)2.46 
 Forfeited(146,980)2.15 
Non-vested September 30, 20201,163,077 $1.99