Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.19.2
Stock-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2019
Share-based Payment Arrangement [Abstract]  
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award

The following table summarizes the RSU transactions related to the common and preferred stock under the Equity Incentive Plan for the six months ended June 30, 2019:

 

    Common Stock     Preferred Stock  
Outstanding and unvested shares at January 1, 2019     929,347       44,800  
Granted     5,000       44,000  
Vested     (319,813 )     (44,800 )
Forfeited     (12,120 )     -  
Outstanding and unvested shares at June 30, 2019     602,414       44,000  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

The following table summarizes the components of share-based compensation expense for the three and six months ended June 30, 2019 and 2018:

 

Stock-based compensation included in the   Three Months Ended June 30,     Six Months Ended June 30,  
condensed consolidated statements of operations:   2019     2018     2019     2018  
Direct operating costs   $ 46,207     $ 8,475     $ 96,858     $ 9,859  
General and administrative     711,050       396,674       1,407,471       522,600  
Research and development     4,353       4,563       9,834       4,943  
Selling and marketing     31,053       -       36,025       -  
Total stock-based compensation expense   $ 792,663     $ 409,712     $ 1,550,188     $ 537,402