Annual report pursuant to Section 13 and 15(d)

Subsequent Events

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Subsequent Events
12 Months Ended
Dec. 31, 2018
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

Note 12 - Subsequent Events

 

Management has evaluated subsequent events to determine if events or transactions occurring through the date on which the financial statements were issued require adjustment or disclosure in the Company’s financial statements.

 

Subsequent to December 31, 2018, a total of 100,258 stock options and warrants were exercised for cash proceeds of $135,399.90.

 

Subsequent to December 31, 2018, the Company granted stock options to purchase a total of 200,000 shares of the Company’s common stock with an exercise price of $3.15 per share. The stock options have terms of ten years and are subject to vesting based on continuous service of the awardee over a four-year period.