STOCKHOLDER'S EQUITY (Tables)

6 Months Ended

Jun. 30, 2018

Equity [Abstract]

Schedule of warrant activity

The following is a summary of the Company’s warrant activity for the six months ended June 30, 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		(4,433,333	)	$	0.05		—
Outstanding at June 30, 2018		43,731,210		$	0.08		2.4 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 June 30, 2018 using the Black Scholes Method and the following assumptions:

Expected Volatility – 77-78% 

 Expected Term – 6.5 Years 

 Risk Free Rate – 2.4-2.7% 

 Dividend Rate – 0.00%

Schedule of outstanding stock options

Activity related to stock options for the three months ended June 30, 2018 is summarized as follows:

			Weighted		Weighted
			Average		Average		Aggregate
	Number of Shares		Exercise Price		Contractual Term (Yrs.)		Intrinsic Value
Outstanding as of December 31, 2017		103,208,331	$	0.19		8.3	$	11,457,291
Granted		5,250,000	$	0.24		10.0	$	—
Forfeitures		—		—		—		—
Exercised		(2,508.331)		0.15		—		296,176
Outstanding as of June 30, 2018		105,950,000		0.20		7.96	$	10,638,500
Exercisable as of June 30, 2018		85,652,778	$	0.21		7.86	$	9,432,500

Schedule of stock option

The following table summarizes stock option information as of June 30, 2018:

			Weighted Average
			Contractual
Exercise Prices	Outstanding		Life (Yrs.)		Exercisable
$0.00		3,500,000		7.25		3,500,000
$0.05		33,450,000		8.11		26,125,000
$0.10		27,200,000		8.55		21,694,444
$0.13		250,000		9.50		—
$0.15		2,800,000		7.35		250,000
$0.22		2,750,000		9.55		—
$0.25		2,500,000		9.25		2,083,334
$0.26		500,000		9.80		—
$0.29		1,000,000		9.00		—
$0.40		l,000,000		7.67		l,000,000
$0.45		31,000,000		7.30		31,000,000
Total		105,950,000		7.96		85,652,778