Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2019

Stock-based Compensation

Summary of restricted stock unit activity

		Number of Shares				Weighted-Average Grant Date Fair Value
Balance of restricted stock units outstanding at December 31, 2018			505,000			$	2.17
Grants of restricted stock units			45,000				2.60
Vested restricted stock units			(11,250	)			2.60
Balance of unvested restricted stock units at March 31, 2019			538,750			$	2.20

Summary of information of stock options outstanding and exercisable

						Weighted
				Weighted		Average
Range of				Average		Remaining
Exercise		Options		Exercise		Life in		Options
Price		Outstanding		Price		Years		Exercisable

$0.83 - $2.34		1,530,000		$1.15		1.33		1,530,000