Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.19.2
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2019
Stock-Based Compensation  
Summary of assumptions used for awards

 

 

 

 

 

Exercise price

    

$

0.69

 

Expected dividends

 

 

 0

%

Expected volatility

 

 

86

%

Risk -free interest rate

 

 

2.75

%

Expected life of option

 

 

 4

years

 

Summary of stock option activity

A summary of stock option activity for the six months ended June 30, 2019 and the year ended December 31, 2018 is as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

Weighted

    

Weighted Average Remaining

    

Aggregate

 

 

 

 

Average Exercise

 

Contractual Life

 

Intrinsic

 

 

Options

 

Price

 

(in years)

 

Value

 

 

 

 

 

 

 

 

 

 

 

Balance - December 31, 2017

 

359,076

 

$

53.93

 

4.60

 

$

1,800

 

 

 

 

 

 

 

 

 

 

 

Granted

 

671,500

 

$

0.69

 

  

 

 

  

Expired

 

(78,667)

 

$

67.02

 

  

 

 

  

Forfeited

 

(12,927)

 

$

23.72

 

  

 

 

  

Balance - December 31, 2018

 

938,982

 

$

15.18

 

6.19

 

$

 —

 

 

 

 

 

 

 

 

 

 

 

Expired

 

(52,419)

 

$

68.96

 

  

 

 

  

Forfeited

 

(43,444)

 

$

8.30

 

  

 

 

  

 

 

 

 

 

 

 

 

 

 

 

Balance - June 30, 2019 - outstanding

 

843,119

 

$

12.19

 

5.85

 

$

 —

 

 

 

 

 

 

 

 

 

 

 

Balance - June 30, 2019 - exercisable

 

289,660

 

$

32.81

 

4.80

 

$

 —

 

 

 

 

 

 

 

 

 

 

 

Grant date fair value of options granted - June 30, 2019

 

 

 

$

 —

 

  

 

 

  

 

 

 

 

 

 

 

 

 

 

 

Weighted average grant date fair value - June 30, 2019

 

 

 

$

 —

 

  

 

 

  

 

 

 

 

 

 

 

 

 

 

 

Grant date fair value of options granted - December 31, 2018

 

 

 

$

301,000

 

  

 

 

  

 

 

 

 

 

 

 

 

 

 

 

Weighted average grant date fair value - December 31, 2018

 

 

 

$

0.45