9. STOCK-BASED COMPENSATION (Tables)
|
6 Months Ended |
Jun. 30, 2018 |
|---|
| Stock Option Activity |
| |
|
Number of Shares |
|
|
Weighted Average Exercise Price |
|
|
Weighted Average Remaining Contract Term (Years) |
|
|
Aggregate Intrinsic Value |
|
| Outstanding - December 31, 2017 |
|
|
15,823,277 |
|
|
$ |
0.48 |
|
|
|
8.54 |
|
|
$ |
5,406,499 |
|
| Granted |
|
|
6,669,000 |
|
|
|
0.40 |
|
|
|
– |
|
|
|
– |
|
| Exercised |
|
|
(283,334 |
) |
|
|
0.38 |
|
|
|
– |
|
|
|
– |
|
| Cancelled/Forfeited |
|
|
(550,000 |
) |
|
|
0.40 |
|
|
|
– |
|
|
|
– |
|
| Expired |
|
|
(5,277 |
) |
|
|
0.45 |
|
|
|
– |
|
|
|
– |
|
| Outstanding - June 30, 2018 |
|
|
21,653,666 |
|
|
|
0.46 |
|
|
|
8.03 |
|
|
|
26,390,910 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total exercisable - June 30, 2018 |
|
|
15,838,205 |
|
|
|
0.48 |
|
|
|
7.60 |
|
|
|
18,944,543 |
|
| Total unvested - June 30, 2018 |
|
|
5,815,461 |
|
|
|
0.38 |
|
|
|
9.22 |
|
|
|
7,446,367 |
|
| Total vested or expected to vest - June 30, 2018 |
|
|
21,653,666 |
|
|
|
0.46 |
|
|
|
8.03 |
|
|
|
26,390,910 |
|
|
| Nonvested Stock Option Activity |
| |
|
Number
of
Shares
|
|
|
Weighted
Average
Fair Value
Per Share on
Grant Date
|
|
| Unvested stock options - December
31, 2017 |
|
|
3,738,615 |
|
|
|
0.35 |
|
| Granted |
|
|
6,669,000 |
|
|
|
0.30 |
|
| Vested |
|
|
(4,042,154 |
) |
|
|
0.36 |
|
| Cancellations |
|
|
(550,000 |
) |
|
|
0.31 |
|
| Unvested stock
options - June 30, 2018 |
|
|
5,815,461 |
|
|
|
0.29 |
|
|
| Options Outside the Amended 2013 Plan [Member] |
|
| Stock Option Activity |
| |
|
Number of
Shares
|
|
|
Weighted
Average
Exercise
Price
|
|
|
Weighted
Average
Remaining
Contract
Term
(Years)
|
|
|
Aggregate
Intrinsic
Value
|
|
| Outstanding - December 31, 2017 |
|
|
7,250,000 |
|
|
$ |
0.37 |
|
|
|
8.78 |
|
|
$ |
1,813,500 |
|
| Granted |
|
|
– |
|
|
|
– |
|
|
|
– |
|
|
|
– |
|
| Exercised |
|
|
– |
|
|
|
– |
|
|
|
– |
|
|
|
– |
|
| Forfeited |
|
|
– |
|
|
|
– |
|
|
|
– |
|
|
|
– |
|
| Expired |
|
|
– |
|
|
|
– |
|
|
|
– |
|
|
|
– |
|
| Outstanding - June 30, 2018 |
|
|
7,250,000 |
|
|
|
0.37 |
|
|
|
8.29 |
|
|
|
9,353,500 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total exercisable - June 30, 2018 |
|
|
7,250,000 |
|
|
|
0.37 |
|
|
|
8.29 |
|
|
|
9,353,500 |
|
| Total unvested - June 30, 2018 |
|
|
– |
|
|
|
– |
|
|
|
– |
|
|
|
– |
|
| Total vested or expected to vest - June 30, 2018 |
|
|
7,250,000 |
|
|
|
0.37 |
|
|
|
8.29 |
|
|
|
9,353,500 |
|
|