Share-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2020

Share-based Payment Arrangement [Abstract]

Schedule of assumptions used to calculate black-scholes option pricing model for options granted

The following table illustrates the various assumptions used to calculate the Black-Scholes option pricing model for stock options granted during the three month and six-month periods presented: 

For the three months ended	June 30,  2020	June 30,  2019
Weighted-average risk-free interest rates	n/a		2.5	%
Dividend yield	n/a		—
Weighted-average expected life of the option	n/a		7 years
Weighted-average expected stock price volatility	n/a		0.94
Weighted-average fair value of the options granted	n/a	$	0.67

For the six months ended	June 30,  2020			June 30,  2019
Weighted-average risk-free interest rates		0.5	%		2.5	%
Dividend yield		—			—
Weighted-average expected life of the option		4.5 years			7 years
Weighted-average expected stock price volatility		94	%		94	%
Weighted-average fair value of the options granted	$	0.36		$	0.64