STOCK REPURCHASE (Details Narrative) - USD ($) |
3 Months Ended | 6 Months Ended | 107 Months Ended | ||
|---|---|---|---|---|---|
Jun. 30, 2020 |
Jun. 30, 2020 |
Jun. 30, 2020 |
Jun. 11, 2019 |
Aug. 31, 2011 |
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| Number of shares, common stock repurchased | 43,589 | 115,889 | 8,605,659 | ||
| Average price per share, common stock subject to repurchase | $ 2.24 | $ 2.15 | $ 1.88 | ||
| Aggregate cost of common stock eligible for repurchase | $ 97,533 | $ 249,158 | $ 16,156,005 | ||
| Remaining shares subject to repurchase, value | $ 4,196,100 | ||||
| Board of Directors [Member] | |||||
| Stock Repurchase Program, dollar amount of shares authorized to be repurchased next 24 months | 5,000,000 | ||||
| Share Repurchase Program, dollar amount of shares authorized for repurchase since inception | 22,000,000 |
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- Definition The cash outflow to reacquire common and preferred stock. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The number of shares authorized to be repurchased by an entity's Board of Directors under a stock repurchase plan. No definition available.
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- Definition Number of shares of common stock subject to repurchase or cancellation determined by relating the portion of time within a reporting period that these shares have been outstanding to the total time in that period. Common stock subject to repurchase are outstanding common shares that are contingently returnable (that is, subject to recall). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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