Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE STOCK OPTIONS AND RESTRICTED STOCK AWARD PLAN (Tables)

v3.19.1
EMPLOYEE STOCK OPTIONS AND RESTRICTED STOCK AWARD PLAN (Tables)
 3 Months Ended
Mar. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-based Compensation, Stock Options, Activity [Table Text Block]
A summary of the stock option activity as of March 31, 2019, and changes during the three months then ended is as follows:
 
 
 
 
 
 
 
 
 
Weighted-
 
 
 
 
 
 
 
 
 
Weighted-
 
 
Average
 
 
 
 
 
 
 
 
 
Average
 
 
Remaining
 
 
Aggregate
 
 
 
 
 
 
Exercise
 
 
Contractual
 
 
Intrinsic
 
 
 
Shares
 
 
Price
 
 
Term
 
 
Value
 
Outstanding, December 31, 2018
 
 
2,751,000
 
 
$
6.28
 
 
 
 
 
 
 
 
 
Granted
 
 
-
 
 
$
-
 
 
 
 
 
 
 
 
 
Forfeited or rescinded
 
 
(2,500
)
 
$
11.70
 
 
 
 
 
 
 
 
 
Vested
 
 
-
 
 
$
-
 
 
 
 
 
 
 
 
 
Outstanding, March 31, 2019
 
 
2,748,500
 
 
$
6.28
 
 
 
5.3 Years
 
 
$
3,366,300
 
Exercisable, March 31, 2019
 
 
2,323,400
 
 
$
5.42
 
 
 
4.6 Years
 
 
 
 
 
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]
A summary of the restricted stock activity as of March 31, 2019, and changes during the three months then ended is as follows:
 
 
 
Restricted stock
 
 
Weighted-

Average Grant

Date Fair Value
 
Outstanding, December 31, 2018
 
 
878,360
 
 
$
7.36
 
Granted
 
 
-
 
 
 
-
 
Forfeited or rescinded
 
 
(4,400
)
 
 
7.53
 
Vested
 
 
-
 
 
 
-
 
Outstanding, March 31, 2019
 
 
873,960
 
 
$
7.36