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Stockholders' Equity (Tables)
 9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Schedule of Warrants Activity

The following table summarizes information about warrants granted during the nine-month periods ended September 30, 2020 and 2019:

 

    September 30, 2020     September 30, 2019  
   

Number of

warrants

    

Weighted

Average

Exercise

Price

     Number of
warrants		    

Weighted

Average

Exercise

Price

  
                         
Balance, beginning of period     1,166,667     $ 6.42       275,000     $ 4.60  
                                 
Warrants granted     325,000       8.20       891,667       7.00  
Warrants expired     (10,000 )     5.60       -       -  
Warrants cancelled, forfeited     -       -       -       -  
Warrants exercised     (150,000 )     4.00       -       -  
                                 
Balance, end of period     1,331,667     $ 7.14       1,166,667     $ 6.42  
                                 
Exercisable warrants     1,165,001     $ 7.08       1,166,667     $ 6.42  
Schedule of Outstanding Warrants

Outstanding warrants as of September 30, 2020 are as follows:

 

Range of Exercise Prices     Weighted Average
residual life span
(in years)		     Outstanding
Warrants		     Weighted
Average
Exercise Price		     Exercisable
Warrants		     Weighted
Average
Exercise Price		  
                                 
$ 2.20       .84       75,000     $ 2.20       75,000     $ 2.20  
$ 7.00       4.02       891,667     $ 7.00       891,667     $ 7.00  
$ 7.50       5.93       250,000     $ 7.50       83,334     $ 7.50  
$ 8.00       1.41       10,000     $ 8.00       10,000     $ 8.00  
$ 10.00       3.66       75,000     $ 10.00       75,000     $ 10.00  
$ 12.00       0.03       15,000     $ 12.00       15,000     $ 12.00  
$ 14.00       0.41       15,000     $ 14.00       15,000     $ 14.00  
                                             
$ 2.20 to 14.00       3.99       1,331,667     $ 7.14       1,165,001     $ 7.08  
Schedule of Warrants Outstanding, Expiry Date and Exercise Prices

Warrants outstanding at September 30, 2020 and 2019 have the following expiry date and exercise prices:

 

Expiry Date   Exercise Prices     September 30, 2020     September 30, 2019  
                   
June 26, 2020   $ 5.60       -       10,000  
October 10, 2020   $ 12.00       15,000       15,000  
December 30, 2020   $ 4.00               150,000  
February 27, 2021   $ 14.00       15,000       -  
August 2, 2021   $ 2.20       75,000       75,000  
October 10, 2021   $ 10.00       25,000       25,000  
February 27, 2022   $ 8.00       10,000       -  
May 18, 2023   $ 10.00       50,000       -  
October 6, 2024   $ 7.00       891,667       891,667  
September 1, 2025   $ 7.50       83,334       -  
June 4, 2026   $ 7.50       83,333       -  
December 4, 2027   $ 7.50       83,333       -  
                         
              1,331,667       1,166,667  
Schedule of Stock Options Granted

The following table summarizes information about stock options granted during the nine months ended September 30, 2020 and 2019:

 

    September 30, 2020     September 30, 2019  
   

Number of

stock options

    

Weighted

Average

Exercise Price

    

Number of

stock options

    

Weighted

Average

Exercise Price

  
                         
Balance, beginning of period     1,133,550     $ 4.00       1,006,050     $ 3.80  
                                 
Stock options granted     775,000       4.63       127,500       5.00  
Stock options expired     (30,250 )     3.98       -       -  
Stock options cancelled, forfeited     -       -       -       -  
Stock options exercised     (66,750 )     2.51       -       -  
                                 
Balance, end of period     1,811,550     $ 4.32       1,133,550     $ 4.00  
                                 
Exercisable stock options     959,550     $ 4.02       893,488     $ 3.80  
Schedule of Outstanding Stock Options

Outstanding stock options as of September 30, 2020 are as follows:

 

Range of

Exercise Prices

    

Weighted

Average

residual life

span

(in years)

    

Outstanding

Stock Options

    

Weighted

Average

Exercise Price

    

Exercisable

Stock Options

    

Weighted

Average

Exercise Price

  
                                 
$ 1.50 to 1.80       1.38       114,050     $ 1.70       114,050     $ 1.70  
$ 2.20       0.84       175,000     $ 2.20       175,000     $ 2.20  
$ 10.00       4.14       125,000     $ 10.00       125,000     $ 10.00  
$ 2.40       2.43       272,000     $ 2.40       272,000     $ 2.40  
$ 4.20       4.56       10,000     $ 4.20       2,500     $ 4.20  
$ 4.40       8.65       454,250     $ 4.40       66,000     $ 4.40  
$ 4.84       10.01       380,000     $ 4.84       -     $ 4.84  
$ 5.00       2.78       147,500     $ 5.00       87,188     $ 5.00  
$ 5.40       3.17       133,750     $ 5.40       117,812     $ 5.40  
                                             
$ 1.50 to 10.00       5.57       1,811,550     $ 4.32       959,550     $ 4.02  
Schedule of Stock Options, Expiry Date and Exercise Prices

Stock options outstanding at September 30, 2020, and 2019 have the following expiration date and exercise prices:

 

Expiration Date   Exercise Prices     September 30, 2020     September 30, 2019  
August 2, 2021   $ 2.20       175,000       175,000  
February 17, 2022   $ 1.50       38,017       38,017  
February 17, 2022   $ 1.80       76,033       76,033  
February 28, 2023   $ 5.00       20,000       -  
March 5, 2023   $ 2.40       272,000       340,000  
July 31, 2023   $ 5.00       127,500       127,500  
October 31, 2023   $ 4.40       89,250       108,250  
November 30, 2023   $ 5.40       133,750       143,750  
November 20, 2024   $ 10.00       125,000       125,000  
April 20, 2025   $ 4.20       10,000       -  
September 30, 2030   $ 4.40       365,000       -  
September 30, 2030   $ 4.84       380,000       -  
                         
              1,811,550       1,133,550