STOCKHOLDER'S EQUITY (Tables)

3 Months Ended

Mar. 31, 2018

Equity [Abstract]

Schedule of warrant activity

The following is a summary of the Company’s warrant activity for the three months ended March 31, 2018:

	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Life
Outstanding at December 31,2017		48,164,543	$	0.08		2.9 Years
Exercised		2,200,000	$	0.05		—
Outstanding at March 31, 2018		45,964,543	$	0.08		2.6 Years

Schedule of black - scholes option-pricing model valuation assumption

The Company determined the grant date fair value of the options granted during the three months ended March 31, 2018 using the Black Scholes Method and the following assumptions:

Expected Volatility – 77-78%

Expected Term – 6.5 Years

Risk Free Rate – 1.92%

Dividend Rate – 0.00%

Schedule of outstanding stock options

Activity related to stock options for the three months ended March 31, 2018 is summarized as follows:

			Weighted Average		Weighted Average
			Exercise		Contractual		Aggregate
	Number of Shares		Price		Term (Yrs.)		Intrinsic Value
Outstanding as of December 31, 2017		103,208,331	$	0.19		8.3	$	11,457,291
Granted		4,750,000	$	0.23		9.8	$	237,500
Forfeitures		—		—
Outstanding as of March 31, 2018		107,958,331		0.20		8.18	$	14,544,583
Exercisable as of March 31, 2018		86,162,500	$	0.21		8.17	$	11,129,208

Schedule of stock option

The following table summarizes stock option information as of March 31, 2018:

			Weighted Average
			Contractual
Exercise Prices	Outstanding		Life		Exercisable
$ 0.00		3,500,000		7.50 Years		3,500,000
$ 0.05		33,450,000		8.36 Years		25,937,500
$ 0.10		27,250,000		8.80 Years		20,166,669
$ 0.13		250,000		9.75 Years		—
$ 0.15		5,258,331		7.60 Years		4,258,331
$ 0.22		2,750,000		9.80 Years		—
$ 025		2,500,000		9.5 Years		300,000
$ 0.29		1,000,000		9.25 Years		—
$ 0.40		l,000,000		7.92 Years		l,000,000
$ 0.45		31,000,000		7.55 Years		31,000,000
Total		107,958,331		8.18 Years		86,162,500