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STOCK BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity
Stock option activity for the years ended December 31, 2019 and 2018 is summarized as follows:
OPTIONS ISSUED FOR COMPENSATION:
 
Shares
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Life
(in Years)
 
Grant Date
Fair Value
Outstanding at December 31, 2017
 
3,180,417

 
$
2.21

 
4.62
 
$
3,298,196

Options granted
 
697,000

 
1.17

 
8.10
 
610,305

Options exercised
 
(7,500
)
 
1.20

 
0.00
 
(4,241
)
Options cancelled/forfeited/expired
 
(409,167
)
 
1.80

 
0.00
 
(434,962
)
Outstanding at December 31, 2018
 
3,460,750

 
$
2.05

 
3.50
 
$
3,469,298

Vested at December 31, 2018
 
2,127,500

 
$
2.48

 
4.67
 
$
2,122,478

Exercisable at December 31, 2018
 
2,127,500

 
$
2.48

 
4.67
 
$
2,122,478

 
 
 
 
 
 
 
 
 
Outstanding at December 31, 2018
 
3,460,750

 
$
2.05

 
3.50
 
$
3,469,298

Options granted
 
1,150,000

 
1.40

 
8.76
 
1,148,662

Options exercised
 
(112,500
)
 
0.46

 
0.00
 
(41,789
)
Options cancelled/forfeited/expired
 
(80,000
)
 
0.46

 
0.00
 
(28,800
)
Outstanding at December 31, 2019
 
4,418,250

 
$
1.95

 
6.25
 
$
4,547,371

Vested at December 31, 2019
 
2,383,625

 
$
2.50

 
4.84
 
$
2,625,779

Exercisable at December 31, 2019
 
2,383,625

 
$
2.50

 
4.84
 
$
2,625,779


Schedule of Stock Warrant Activity
A summary of the Company’s stock warrant activity and related information for the years ended December 31, 2019 and 2018 is as follows:
WARRANTS ISSUED AND OTHER THAN SERIES B AND B1 PREFERRED STOCK:
 
Warrants
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Life
(in Years)
 
Grant Date
Fair Value
 
 
 
 
 
 
 
 
 
Outstanding at December 31, 2017
 
219,868

 
$
3.01

 
2.00

 
$
140,249

Warrants granted
 

 

 

 

Warrants exercised
 

 

 

 

Warrants canceled/forfeited/expired
 

 

 

 

Warrants at December 31, 2018
 
219,868

 
$
3.01

 
0.93

 
$
140,249

Vested at December 31, 2018
 
219,868

 
$
3.01

 
0.93

 
$
140,249

Exercisable at December 31, 2018
 
219,868

 
$
3.01

 
0.93

 
$
140,249

 
 
 
 
 
 
 
 
 
Outstanding at December 31, 2018
 
219,868

 
$
3.01

 
0.93

 
$
140,249

Warrants granted
 
1,500,000

 
2.25

 
9.70

 
1,496,372

Warrants exercised
 

 

 

 

Warrants canceled/forfeited/expired
 
(219,868
)
 
3.01

 

 
(140,249
)
Warrants at December 31, 2019
 
1,500,000

 
$
2.25

 
9.70

 
$
1,496,372

Vested at December 31, 2019
 

 
$

 

 
$

Exercisable at December 31, 2019
 

 
$

 

 
$