Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

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STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2017
Stock-based Compensation Tables  
Summary of restricted stock unit activity

    Number of Shares     Weighted-Average Grant Date Fair Value  
Balance of restricted stock units outstanding at December 31, 2016     890,000     $ 2.29  
Grants of restricted stock units     40,500     $ 3.80  
Vested restricted stock units     (100,375 )   $ (2.87 )
                 
Balance of unvested restricted stock units at September 30, 2017     830,125     $ 2.30  

Summary of information of stock options outstanding and exercisable

The following table presents information relating to all stock options outstanding and exercisable at September 30, 2017:

 

            Weighted    
        Weighted   Average    
Range of       Average   Remaining    
Exercise   Options   Exercise   Life in   Options
Price   Outstanding   Price   Years   Exercisable
                 
$0.83 - $2.34   2,110,000   $1.28   2.25   2,110,000