Quarterly report pursuant to Section 13 or 15(d)

STOCK BASED COMPENSATION (Tables)

v3.10.0.1
STOCK BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of stock option activity

A summary of the stock option activity and related information for the Plans for the nine months ended September 30, 2018 is as follows:

 

    Shares     Weighted-Average
Exercise Price
    Weighted-Average
Remaining 
Contractual Term
   

Aggregate

Intrinsic
Value

 
Outstanding at January 1, 2018     401,724     $ 39.81       8.35      $ -  
Grants     1,019,634     $ 3.75             $ -  
Exercised     -                          
Forfeitures or expirations     -                        
Outstanding at September 30, 2018     1,421,358     $ 13.94         8.45      $ -  

 

Vested and expected to vest at September 30, 2018

    1,421,358     $ 13.94         8.45      $ -  
Exercisable at September 30, 2018     391,492     $ 37.82        6.11      $ -  
Schedule of fair value assumptions of stock option

The assumptions used in the valuation of stock options granted during the nine months ended September 30, 2018 and 2017 were as follows:

 

    Nine Months Ended 
September 30, 2018
    Nine Months Ended 
September 30, 2017
 
Risk-free interest rate     2.54% to 2.81%       1.75% to 2.29%  
Expected term of option     4.50 to 7.00 years       5.00 to 7.91 years  
Expected stock price volatility     99.65% to 109.22%       76.61% to 77.59%  
Expected dividend yield     0.0%       0.0%