Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2019

The following tables summarize information about unvested restricted stock transactions:

	FY 2019					FY 2018
	Shares			Weighted Average Grant Date Fair Value		Shares			Weighted Average Grant Date Fair Value
Non-vested, January 1,		239,077		$	2.68		54,490		$	76.49
Granted		329,145			1.70		319,378			2.20
Vested		(241,082	)		2.26		(109,872	)		21.40
Forfeited/Canceled		(296	)		75.20		(24,919	)		76.00
Non-vested, December 31,		326,844		$	1.94		239,077		$	2.68

Summary of Grant Date Fair Value and Stock Price of Awards Issued Based on Valuation Assumptions

On October 15, 2018, the Company hired Robert C. Galvin as its Chief Executive Officer and President and he was appointed to the Company’s board of directors. Mr. Galvin was issued an Employment Inducement Award pursuant to his employment agreement. The terms of the Employment Inducement Award are similar to the retention stock awards provided to other employees as described above. The grant date fair value of Mr. Galvin’s award issued on October 15, 2018 was $0.18 and was based on the following range of assumptions for the Company and the peer group (the grant date fair value and stock price valuation assumptions in the table below have not been updated to reflect the Reverse Stock Split):

	October 15, 2018
Valuation Assumptions:
Beginning average stock price (20 trading days prior to October 15, 2018)	$0.27 - $86.49
Valuation date stock price (closing values on October 15, 2018)	$0.22 - $80.27
Risk free interest rate		2.92	%
Expected dividend yield used when simulating the total shareholder return		0.00	%
Expected dividend yield used when simulating the Company's stock price		0.00	%
Stock price volatility (based on historical stock price over the last 3.00 years)	20.88% - 108.81%
Correlation coefficients	-0.02 -0.48