STOCKHOLDERS EQUITY (DEFICIT) (Tables)
|
9 Months Ended |
Sep. 30, 2021 |
|---|
| STOCKHOLDERS EQUITY (DEFICIT) |
|
| Summary of the status of the Company's Options related to the 2019 Incentive Plan |
|
|
September 30, 2021 |
|
|
December 31, 2020 |
|
|
|
Number of
Options
|
|
|
Weighted
Average
Exercise
Price
|
|
|
Number of
Options
|
|
|
Weighted
Average
Exercise
Price
|
|
Outstanding, beginning of year |
|
|
606,250 |
|
|
$ |
9.67 |
|
|
|
362,500 |
|
|
$ |
8.11 |
|
Issued |
|
|
175,000 |
|
|
|
11.22 |
|
|
|
243,750 |
|
|
|
11.98 |
|
Outstanding, end of period |
|
|
781,250 |
|
|
$ |
10.02 |
|
|
|
606,250 |
|
|
$ |
9.67 |
|
|
| Schedule of Options outstanding and exercisable |
Outstanding Options |
|
|
Exercisable Options |
|
|
Range of
Exercise
Price
|
|
Number |
|
|
Average
Weighted
Remaining
Contractual
Life in Years
|
|
Range of
Exercise
Price
|
|
Number |
|
|
Weighted
Average
Exercise Price
|
|
$ |
8.00-8.99 |
|
|
375,000 |
|
|
|
7.85 |
|
$ |
8.00-8.99 |
|
|
370,313 |
|
|
$ |
8.04 |
|
|
9.00-9.99 |
|
|
25,000 |
|
|
|
3.88 |
|
|
9.00-9.99 |
|
|
25,000 |
|
|
|
9.60 |
|
|
11.00-11.99 |
|
|
187,500 |
|
|
|
9.19 |
|
|
11.00-11.99 |
|
|
78,125 |
|
|
|
11.25 |
|
|
12.00-12.99 |
|
|
193,750 |
|
|
|
4.04 |
|
|
12.00-12.99 |
|
|
150,000 |
|
|
|
12.67 |
|
|
|
|
|
781,250 |
|
|
|
7.10 |
|
|
|
|
|
623,438 |
|
|
$ |
9.35 |
|
|
| Summary of unregistered warrants |
|
|
September 30, 2021 |
|
|
December 31, 2020 |
|
|
|
Number of
Warrants
|
|
|
Weighted
Average
Exercise
Price
|
|
|
Number of
Warrants
|
|
|
Weighted
Average
Exercise
Price
|
|
Outstanding, beginning of year |
|
|
2,502,291 |
|
|
$ |
7.67 |
|
|
|
2,427,634 |
|
|
$ |
7.43 |
|
Issued |
|
|
226,426 |
|
|
|
5.64 |
|
|
|
287,564 |
|
|
|
9.34 |
|
Exercised |
|
|
(139,099 |
) |
|
|
6.41 |
|
|
|
(179,564 |
) |
|
|
7.26 |
|
Cancelled |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Expired |
|
|
(23,980 |
) |
|
|
5.82 |
|
|
|
(33,343 |
) |
|
|
7.08 |
|
Outstanding, end of period |
|
|
2,565,638 |
|
|
$ |
7.57 |
|
|
|
2,502,291 |
|
|
$ |
7.67 |
|
|
| Schedule of unregistered warrants outstanding and exercisable by price range |
Outstanding Warrants |
|
|
Exercisable Warrants |
|
|
Exercise
Price
|
|
Number |
|
|
Average
Weighted
Remaining
Contractual Life
in Years
|
|
Exercise
Price
|
|
Number |
|
|
Weighted
Average
Exercise Price
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
4.00-4.99 |
|
|
200,625 |
|
|
|
0.84 |
|
$ |
4.00-4.99 |
|
|
200,625 |
|
|
$ |
4.80 |
|
|
5.00-5.99 |
|
|
252,050 |
|
|
|
4.21 |
|
|
5.00-5.99 |
|
|
252,050 |
|
|
|
5.51 |
|
|
6.00-6.99 |
|
|
241,716 |
|
|
|
2.80 |
|
|
6.00-6.99 |
|
|
241,716 |
|
|
|
6.40 |
|
|
7.00-7.99 |
|
|
1,250 |
|
|
|
0.83 |
|
|
7.00-7.99 |
|
|
1,250 |
|
|
|
7.20 |
|
|
8.00-8.99 |
|
|
1,595,558 |
|
|
|
1.66 |
|
|
8.00-8.99 |
|
|
1,595,558 |
|
|
|
8.02 |
|
|
9.00-9.99 |
|
|
231,938 |
|
|
|
3.94 |
|
|
9.00-9.99 |
|
|
231,938 |
|
|
|
9.60 |
|
|
10.00-10.99 |
|
|
1,688 |
|
|
|
4.62 |
|
|
10.00-10.99 |
|
|
1,688 |
|
|
|
10.40 |
|
|
11.00-11.99 |
|
|
35,813 |
|
|
|
2.25 |
|
|
11.00-11.99 |
|
|
35,813 |
|
|
|
11.20 |
|
|
14.00-14.99 |
|
|
5,000 |
|
|
|
3.24 |
|
|
14.00-14.99 |
|
|
5,000 |
|
|
|
14.40 |
|
|
|
|
|
2,565,638 |
|
|
|
2.17 |
|
|
|
|
|
2,565,638 |
|
|
$ |
7.57 |
|
|
| Schedule of Common Stock Warrants - Registered |
|
|
September 30, 2021 |
|
|
December 31, 2020 |
|
|
|
Number of
Registered Warrants
|
|
|
Weighted
Average
Exercise
Price
|
|
|
Number of
Registered Warrants
|
|
|
Weighted
Average
Exercise
Price
|
|
Outstanding, beginning of year |
|
|
- |
|
|
$ |
- |
|
|
|
- |
|
|
$ |
- |
|
Issued |
|
|
3,174,000 |
|
|
|
5.50 |
|
|
|
- |
|
|
|
- |
|
Exercised |
|
|
(198,503 |
) |
|
|
5.50 |
|
|
|
- |
|
|
|
- |
|
Cancelled |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Expired |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Outstanding, end of period |
|
|
2,975,497 |
|
|
$ |
5.50 |
|
|
|
- |
|
|
$ |
- |
|
|
| Schedule of registered warrants outstanding and exercisable by price range |
Outstanding Registered Warrants |
|
|
Exercisable Registered Warrants |
|
|
Exercise
Price
|
|
|
Number |
|
|
Average
Weighted
Remaining
Contractual Life
in Years
|
|
|
Exercise
Price
|
|
|
Number |
|
|
Weighted
Average
Exercise Price
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| $ |
5.50 |
|
|
|
2,975,497 |
|
|
|
4.64 |
|
|
$ |
5.50 |
|
|
|
2,975,497 |
|
|
|
5.50 |
|
|
|
|
|
|
2,975,497 |
|
|
|
4.64 |
|
|
|
|
|
|
|
2,975,497 |
|
|
$ |
5.50 |
|
|