STOCK OPTIONS, WARRANTS AND RESTRICTED STOCK UNITS
|6 Months Ended|
Jun. 30, 2017
|Disclosure of Compensation Related Costs, Share-based Payments [Abstract]|
|STOCK OPTIONS, WARRANTS AND RESTRICTED STOCK UNITS||
NOTE 8 STOCK OPTIONS, WARRANTS AND RESTRICTED STOCK UNITS
Restricted Stock Units (RSU)
The following table summarizes the restricted stock activity for the six months ended June 30, 2017:
At June 30, 2017, the Company determined that there is a 100% probability the performance based restricted stock units will be earned. The fair value of all restricted stock units vesting during the three and six months ended June 30, 2017 of $63,324 and $126,647, respectively, was charged to current period operations. Stock-based compensation expense related to restricted stock units was $-0- for the three and six months ended June 30, 2016.
As of June 30, 2017, stock-based compensation related to restricted stock awards of $425,506 remains unamortized and is expected to be amortized over the weighted average remaining period of 1.88 years.
The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.
Reference 1: http://www.xbrl.org/2003/role/presentationRef