Quarterly report pursuant to Section 13 or 15(d)

4. Stock Option Plan (Details)

v3.19.3
4. Stock Option Plan (Details) - $ / shares
 9 Months Ended 12 Months Ended
Sep. 30, 2019
Dec. 31, 2018
Share-based Payment Arrangement [Abstract]    
Stock options available outstanding, beginning 494,104 941,408
Stock options available, granted 0 (487,304) [1]
Stock options available, forfeited 0 40,000 [2]
Stock options available, exercised 0 0
Stock options available outstanding, ending 494,104 494,104
Stock options outstanding, beginning 1,105,896 658,592
Stock options, granted 0 487,304 [3]
Stock options, forfeited 0 (40,000) [2]
Stock options, exercised 0 0
Stock options outstanding, ending 1,105,896 1,105,896
Weighted average exercise price outstanding, beginning $ 2.99 $ .94
Weighted average exercise price, granted 0 6.00 [3]
Weighted average exercise price, forfeited 0 6.00 [2]
Weighted average exercise price, exercised 0 .00
Weighted average exercise price outstanding, ending $ 2.99 $ 2.99
[1] 32,004 options vest as follows: options to purchase up to 12,000 shares of common stock vest on the grant date, options to purchase up to 1,667 shares of common stock vest on the 1st of each month thereafter. 5,000 options vest 6/48ths on the grant date and 1/48th per month thereafter. 5,000 options vest 6/48ths on the six-month anniversary of grant date and 1/48th per month thereafter. 320,900 options vest 6/51 at the six-month anniversary of vesting commencement date and 1/51 per month thereafter, with vesting commenced on October 1, 2018. 104,400 options vest quarterly over 5 quarters, with the first quarter commenced on October 1, 2018. 20,000 options vest as follows: options to purchase up to 1,667 shares of common stock vest on January 31, 2019 and the last day of each month thereafter.
[2] Forfeited options resulted from an employee termination.
[3] 32,004 options vest as follows: options to purchase up to 12,000 shares of common stock vest on the grant date, options to purchase up to 1,667 shares of common stock vest on the 1st of each month thereafter. 5,000 options vest 6/48ths on the grant date and 1/48th per month thereafter. 5,000 options vest 6/48ths on the six-month anniversary of grant date and 1/48th per month thereafter. 320,900 options vest 6/51 at the six-month anniversary of vesting commencement date and 1/51 per month thereafter, with vesting commencing on October 1, 2018. 104,400 options vest quarterly over 5 quarters, with the first quarter commenced on October 1, 2018. 20,000 options vest as follows: options to purchase up to 1,667 shares of common stock vest on January 31, 2019 and the last day of each month thereafter.