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STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2019
STOCKHOLDERS' EQUITY (Tables) [Line Items]  
Share-based expense [Table Text Block]
Share-based compensation expense consisted of the following:


 

 

Year ended December 31,

 

 

2019

 

2018

Employee Awards

$

3,040,497

$

3,626,271

Consulting Awards

 

85,683

 

306,466

Feinsod Agreement

 

840,441

 

2,062,270

 

$

3,966,621

$

5,995,007

Defined Benefit Plan, Assumptions [Table Text Block]

 

Pre-Trigger

 

Post-Trigger

Current stock price

$  0.95

 

$  0.95

Exercise price

$  2.35

 

$  1.00

Risk-free interest rate

2.21 %

 

2.21 %

Expected dividend yield

 

Expected term (in years)

0.89

 

0.89

Expected volatility

123%

 

123%

 

Pre-Trigger

 

Post-Trigger

Current stock price

$  0.70

 

$  0.70

Exercise price

$  1.00

 

$  0.68

Risk-free interest rate

1.55 %

 

1.55 %

Expected dividend yield

 

Expected term (in years)

0.47

 

0.47

Expected volatility

114%

 

114%

 

Pre-Trigger

 

Post-Trigger

Current stock price

$  0.67

 

$  0.67

Exercise price

$  0.68

 

$  0.45

Risk-free interest rate

1.61 %

 

1.61 %

Expected dividend yield

 

Expected term (in years)

0.36

 

0.36

Expected volatility

113%

 

113%

 

Pre-Trigger

 

Post-Trigger

Current stock price

$  0.63

 

$  0.63

Exercise price

$  1.30

 

$  1.00

Risk-free interest rate

1.56 %

 

1.56 %

Expected dividend yield

 

Expected term (in years)

4.62

 

4.62

Expected volatility

115%

 

115%

 

Pre-Trigger

 

Post-Trigger

Current stock price

$  0.70

 

$  0.70

Exercise price

$  1.00

 

$  0.68

Risk-free interest rate

1.55 %

 

1.55 %

Expected dividend yield

 

Expected term (in years)

4.58

 

4.58

Expected volatility

114%

 

114%

 

Pre-Trigger

 

Post-Trigger

Current stock price

$  0.67

 

$  0.67

Exercise price

$  0.68

 

$  0.45

Risk-free interest rate

1.61 %

 

1.61 %

Expected dividend yield

 

Expected term (in years)

4.47

 

4.47

Expected volatility

113%

 

113%

Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]

 

 

Number of Shares

 

Weighted-average Exercise Price per Share

 

Weighted-average Remaining Contractual Term
(in years)

 

Aggregate Intrinsic Value

Outstanding at December 31, 2018

 

9,173,380

 

1.68

 

 

 

 

Granted

 

5,927,390

 

0.98

 

 

 

 

Exercised

 

(269,728)

 

0.70

 

 

 

 

Forfeited or expired

 

(3,947,262)

 

1.80

 

 

 

 

Outstanding at December 31, 2019

 

10,883,780

 

1.28

 

5.4

$

61,000

 

 

 

 

 

 

 

 

 

Exercisable at December 31, 2019

 

7,331,365

$

1.51

 

5.8

$

8,000

 

 

Number of Shares

 

Weighted-average Exercise Price per Share

 

Weighted-average Remaining Contractual Term
(in years)

 

Aggregate Intrinsic Value

Outstanding at December 31, 2018

 

50,000

 

2.53

 

 

 

 

Granted

 

85,000

 

1.31

 

 

 

 

Exercised

 

 

 

 

 

 

Forfeited or expired

 

(10,000)

 

1.40

 

 

 

 

Outstanding and exercisable at
December 31, 2019

 

125,000

 

1.79

 

1.1

$

0.00

 

 

Number of Shares

 

Weighted-average Exercise Price per Share

 

Weighted-average Remaining Contractual Term
(in years)

 

Aggregate Intrinsic Value

Outstanding at December 31, 2017

 

3,351,700

$

0.65

 

 

 

 

Granted

 

6,000,000

 

2.35

 

 

 

 

Exercised

 

(3,316,786)

 

0.77

 

 

 

 

Expired

 

(42,700)

 

5.00

 

 

 

 

Outstanding at December 31, 2018

 

5,992,214

 

2.26

 

 

 

 

Granted

 

2,481,000

 

0.98

 

 

 

 

Exercised

 

 

 

 

 

 

Expired

 

 

 

 

 

 

Outstanding and exercisable at
December 31, 2019

 

8,473,214

 

1.00

 

0.5

$

162,990

Feinsod Agreement [Member]  
STOCKHOLDERS' EQUITY (Tables) [Line Items]  
Defined Benefit Plan, Assumptions [Table Text Block]
The underlying assumptions used in the Monte Carlo simulations to determine the fair value of option


 

August 6, 2019

Current stock price

$  0.83

Exercise price

$  0.83

Vesting goal

$  4.51

Risk-free interest rate

1.73 %

Expected term (in years)

10

Expected volatility

123%

Employee Awards [Member]  
STOCKHOLDERS' EQUITY (Tables) [Line Items]  
Defined Benefit Plan, Assumptions [Table Text Block]

 

 

Year ended December 31,

 

 

2019

 

2018

Exercise price

 

$0.55  2.37

 

$ 1.71  7.17

Stock price on date of grant

 

$0.55  2.37

 

$ 1.71  7.17

Volatility

 

 119 - 130%

 

131  140 %

Risk-free interest rate

 

 1.43  2.60%

 

2.1  2.9 %

Expected life (years)

 

3.0

 

3.0

Dividend yield

 

 

 

 

Year ended December 31,

 

 

2019

 

2018

Exercise price

 

$0.71  2.37

 

$ 3.08

Stock price, date of valuation

 

$0.71  2.37

 

$ 3.08

Volatility

 

 125 - 141%

 

134 %

Risk-free interest rate

 

 1.64  2.62%

 

2.3 %

Expected life (years)

 

2.0  5.0

 

2.0

Dividend yield