Annual report pursuant to Section 13 and 15(d)

Stock-based Compensation (Tables)

v3.19.1
Stock-based Compensation (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stock Option Valuation Assumption

The fair value of our option awards granted during the year ended December 31, 2018 was estimated using the following assumptions:

 

       
Risk-free rate of interest     3.09 %
Expected term (years)     5.0 to 6.25  
Expected stock price volatility     85.31 %
Dividend yield     0 %

Schedule of Stock Option

The following table summarizes our stock option activity for the year ended December 31, 2018:

 

    Total options
Outstanding
    Weighted average
exercise price
    Weighted average remaining contractual life
(in years)
 
Outstanding as of January 1, 2018     -     $ -       -  
Options granted     384,400       2.92       9.9  
Exercised     -       -       -  
Forfeited     -       -       -  
Outstanding as of December 31, 2018     384,400     $ 2.92       9.9