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4. SHAREHOLDERS' EQUITY (Details 1) - $ / shares
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Number of Stock Options    
Outstanding, beginning of period 3,450,000 3,385,400
Granted 750,000 [1] 850,000
Exercised 100,000 0
Cancelled/expired 0 (41,400)
Outstanding, end of period 4,100,000 4,194,000
Exercisable, end of period 2,925,000 2,969,000
Weighted Average Exercise Price    
Outstanding, beginning of period $ .16 $ .44
Granted .83 .07
Exercised .32 .00
Cancelled/expired .00 .32
Outstanding, end of period .28 .21
Exercisable, end of period .17 .24
Weighted-average fair value per share of options granted during period $ .75 $ .07
[1] The 100,000 stock options exercised resulted in 40,186 common shares being issued under the net settlement option pursuant to the terms of the 10% Rolling Stock Option Plan for the three months ended March 31, 2020.