STOCKHOLDER'S EQUITY (Tables)

9 Months Ended

Sep. 30, 2018

Equity [Abstract]

Schedule of warrant activity

The following is a summary of the Company’s warrant activity for the nine months ended September 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
Granted		2,470,267			0.16		4.9 Years
Exercised		(4,433,333	)	$	0.05		—
Outstanding at September 30, 2018		46,201,477		$	0.09		2.1 Years

Schedule of black - scholes option-pricing model valuation assumption

The Company determined the grant date fair value of the options granted during the nine months ended September 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 September 30, 2018 is summarized as follows:

	Number of Shares			Weighted Average Exercise Price		Weighted Average Contractual Term (Yrs.)		Aggregate 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 September 30, 2018		105,950,000			0.20		7.96	$	10,638,500
Exercisable as of September 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 September 30, 2018:

Exercise Prices	Outstanding		Weighted Average Contractual Life (Yrs.)		Exercisable
$0.00		3,500,000		7.00		3,500,000
$0.05		33,450,000		7.86		28,033,331
$0.10		27,200,000		8.00		23,311,108
$0.13		250,000		9.05		—
$0.15		2,800,000		7.10		2,800,000
$0.22		2,750,000		9.30		—
$0.25		2,500,000		9.03		500,000
$0.26		500,000		9.55		—
$0.29		1,000,000		8.55		—
$0.40		l,000,000		7.67		l,000,000
$0.45		31,000,000		7.10		31,000,000
Total		105,950,000		7.70		90,144,442