Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.19.3
Stockholders' Equity (Tables)
 9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Schedule of Stock Option Cancelled

The number of options cancelled to our officers and directors were as follows:

 

David Phipps, President, CEO, and Director     (5,000 )
Theresa Carlise, CFO     (2,500 )
Hector Delgado, Director     (1,250 )

Schedule of Exercise of Shares

    Options
Exercised		     Exercise
Price		     Market
Price		     Shares
withheld as
Payment		     Common
Stock
Issued		  
David Phipps     21,667     $ 2.55     $ 5.25       10,524       11,143  
Other     18,333     $ 2.25     $ 5.25       7,857       10,476  
      40,000                       18,381       21,619  

Schedule of Outstanding Stock Options Activities

A summary of the status of the Company’s outstanding stock options and changes during the nine months ended September 30, 2019 is as follows:

 

    Number of
Options		     Weighted
Average Exercise
Price		     Weighted
Average
Remaining
Contractual Life
(Years)		  
Balance at January 1, 2019     79,044     $ 8.40       5.56  
Granted                        
Exercised     (40,000 )     2.41       4.72  
Forfeited                        
Cancelled     -     $ -       -  
Balance outstanding at September 30, 2019     39,044       17.49       5.41  
Options exercisable at September 30, 2019     39,044                  

Schedule of Outstanding Stock Warrants Activities

A summary of the status of the Company’s outstanding warrants and changes during the nine months ended September 30, 2019 is as follows:

 

    Number of
Warrants		     Weighted
Average Exercise
Price		     Weighted
Average
Remaining
Contractual Life
(Years)		  
Balance at January 1, 2019     4,000     $ 4       2.37  
Granted     -       -       -  
Exercised     -       -       -  
Forfeited     -       -       -  
Cancelled     -       -       -  
Balance outstanding and exercisable at September 30, 2019     4,000     $ 4       1.62